Ramco Cements Weekly Outlook and Analysis:
For the Week: (July 31, 2023 – August 04, 2023)
Ramco Cements closed the previous week on a negative note losing 4.80%
Technically, Ramco Cements share price will see immediate support at 862.77 and immediate resistance would be seen at 906.67
If Ramco Cements share price closes below immediate support of 862.77, then sharp breakdown can be seen. Ramco Cements share price will see major support at 844.98 for the week.
On the positive side, immediate resistance will be seen at 906.67. Closing above 906.67, Ramco Cements share price will see a sharp breakout. Major resistance for Ramco Cements share price will be seen at 932.78 for the week.
Trading range for Ramco Cements share price for this week should be between 818.87 on down side and 950.57 on up side.
Ramco Cements Previous Week High: 915
Ramco Cements Previous Week Low: 871.1
Ramco Cements Previous Week Range: 43.9 Points
Ramco Cements share price support and resistance for the week (July 31, 2023 – August 04, 2023)
Level Type | Value |
---|---|
Resistance 3 | 950.57 |
Resistance 2 | 932.78 |
Resistance 1 | 906.67 |
Support 1 | 862.77 |
Support 2 | 844.98 |
Support 3 | 818.87 |