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MARKET OUTLOOKSTOCK OUTLOOKULTRACEMCO

Ultratech Cement Outlook for the Week (May 20, 2024 – May 24, 2024)

Ultratech Cement
Ultratech Cement
Ultratech Cement closed the previous week on a negative note losing 4.78%.

Technically, Ultratech Cement share price will see immediate support at 9,578.30 and immediate resistance would be seen at 10,051.20.

If Ultratech Cement share price closes below immediate support of 9,578.30, then sharp breakdown can be seen. Ultratech Cement share price will see major support at 9,266.25 for the week.

On the positive side, immediate resistance will be seen at 10,051.20. Closing above 10,051.20, Ultratech Cement share price will see a sharp breakout. Major resistance for Ultratech Cement share price will be seen at 10,212.05 for the week.

Trading range for Ultratech Cement share price for this week should be between 9,105.40 on down side and 10,524.10 on up side.

Ultratech Cement Previous Week High: 9900

Ultratech Cement Previous Week Low: 9427.1

Ultratech Cement Previous Week Range: 472.9 Points

Ultratech Cement share price support and resistance for the week (May 20, 2024 – May 24, 2024)

Level Type Value
Resistance 3 10,524.10
Resistance 2 10,212.05
Resistance 1 10,051.20
Support 1 9,578.30
Support 2 9,266.25
Support 3 9,105.40
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