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MARKET OUTLOOKRAMCOCEMSTOCK OUTLOOK

Ramco Cements Outlook for the Week (May 13, 2024 – May 17, 2024)

Ramco Cements
Ramco Cements
Ramco Cements closed the previous week on a negative note losing 4.77%.

Technically, Ramco Cements share price will see immediate support at 741.98 and immediate resistance would be seen at 779.18.

If Ramco Cements share price closes below immediate support of 741.98, then sharp breakdown can be seen. Ramco Cements share price will see major support at 723.77 for the week.

On the positive side, immediate resistance will be seen at 779.18. Closing above 779.18, Ramco Cements share price will see a sharp breakout. Major resistance for Ramco Cements share price will be seen at 798.17 for the week.

Trading range for Ramco Cements share price for this week should be between 704.78 on down side and 816.38 on up side.

Ramco Cements Previous Week High: 779.95

Ramco Cements Previous Week Low: 742.75

Ramco Cements Previous Week Range: 37.2 Points

Ramco Cements share price support and resistance for the week (May 13, 2024 – May 17, 2024)

Level Type Value
Resistance 3 816.38
Resistance 2 798.17
Resistance 1 779.18
Support 1 741.98
Support 2 723.77
Support 3 704.78
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