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Ramco Cements closed the previous week on a negative note losing 4.60%.
Technically, Ramco Cements share price will see immediate support at 970.47 and immediate resistance would be seen at 1,017.17.
If Ramco Cements share price closes below immediate support of 970.47, then sharp breakdown can be seen. Ramco Cements share price will see major support at 946.63 for the week.
On the positive side, immediate resistance will be seen at 1,017.17. Closing above 1,017.17, Ramco Cements share price will see a sharp breakout. Major resistance for Ramco Cements share price will be seen at 1,040.03 for the week.
Trading range for Ramco Cements share price for this week should be between 923.77 on down side and 1,063.87 on up side.
Ramco Cements Previous Week High: 1016.2
Ramco Cements Previous Week Low: 969.5
Ramco Cements Previous Week Range: 46.7 Points
Ramco Cements share price support and resistance for the week (October 23, 2023 – October 27, 2023)
| Level Type | Value |
|---|---|
| Resistance 3 | 1,063.87 |
| Resistance 2 | 1,040.03 |
| Resistance 1 | 1,017.17 |
| Support 1 | 970.47 |
| Support 2 | 946.63 |
| Support 3 | 923.77 |
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