Shree Cement Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

Shree Cement closed the previous week on a negative note losing 5.13%

Technically, Shree Cement share price will see immediate support at 23,312.17 and immediate resistance would be seen at 24,561.97

If Shree Cement share price closes below immediate support of 23,312.17, then sharp breakdown can be seen. Shree Cement share price will see major support at 22,576.28 for the week.

On the positive side, immediate resistance will be seen at 24,561.97. Closing above 24,561.97, Shree Cement share price will see a sharp breakout. Major resistance for Shree Cement share price will be seen at 25,075.88 for the week.

Trading range for Shree Cement share price for this week should be between 22,062.37 on down side and 25,811.77 on up side.

Shree Cement Previous Week High: 24340

Shree Cement Previous Week Low: 23090.2

Shree Cement Previous Week Range: 1249.8 Points

Shree Cement share price support and resistance for the week (July 31, 2023 – August 04, 2023)