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MARKET OUTLOOKSHREECEMSTOCK OUTLOOK

Shree Cement Outlook for the Week (May 13, 2024 – May 17, 2024)

Shree Cement
Shree Cement
Shree Cement closed the previous week on a negative note losing 5.67%.

Technically, Shree Cement share price will see immediate support at 24,956.85 and immediate resistance would be seen at 26,463.65.

If Shree Cement share price closes below immediate support of 24,956.85, then sharp breakdown can be seen. Shree Cement share price will see major support at 24,252.45 for the week.

On the positive side, immediate resistance will be seen at 26,463.65. Closing above 26,463.65, Shree Cement share price will see a sharp breakout. Major resistance for Shree Cement share price will be seen at 27,266.05 for the week.

Trading range for Shree Cement share price for this week should be between 23,450.05 on down side and 27,970.45 on up side.

Shree Cement Previous Week High: 26561.65

Shree Cement Previous Week Low: 25054.85

Shree Cement Previous Week Range: 1506.8 Points

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

Level Type Value
Resistance 3 27,970.45
Resistance 2 27,266.05
Resistance 1 26,463.65
Support 1 24,956.85
Support 2 24,252.45
Support 3 23,450.05
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