Signals, Powered By EquityPandit
Shree Cement closed the previous week on a negative note losing 5.06%.
Technically, Shree Cement share price will see immediate support at 25,573.08 and immediate resistance would be seen at 26,931.68.
If Shree Cement share price closes below immediate support of 25,573.08, then sharp breakdown can be seen. Shree Cement share price will see major support at 24,840.37 for the week.
On the positive side, immediate resistance will be seen at 26,931.68. Closing above 26,931.68, Shree Cement share price will see a sharp breakout. Major resistance for Shree Cement share price will be seen at 27,557.57 for the week.
Trading range for Shree Cement share price for this week should be between 24,214.48 on down side and 28,290.28 on up side.
Shree Cement Previous Week High: 26824.85
Shree Cement Previous Week Low: 25466.25
Shree Cement Previous Week Range: 1358.6 Points
Shree Cement share price support and resistance for the week (May 20, 2024 – May 24, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 28,290.28 |
| Resistance 2 | 27,557.57 |
| Resistance 1 | 26,931.68 |
| Support 1 | 25,573.08 |
| Support 2 | 24,840.37 |
| Support 3 | 24,214.48 |
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