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AMBUJACEMMARKET OUTLOOKSTOCK OUTLOOK

Ambuja Cements Outlook for the Week (August 14, 2023 – August 18, 2023)

Ambuja Cements closed the previous week on a negative note losing 4.62%.

Technically, Ambuja Cements share price will see immediate support at 448.27 and immediate resistance would be seen at 470.27.

If Ambuja Cements share price closes below immediate support of 448.27, then sharp breakdown can be seen. Ambuja Cements share price will see major support at 440.13 for the week.

On the positive side, immediate resistance will be seen at 470.27. Closing above 470.27, Ambuja Cements share price will see a sharp breakout. Major resistance for Ambuja Cements share price will be seen at 484.13 for the week.

Trading range for Ambuja Cements share price for this week should be between 426.27 on down side and 492.27 on up side.

Ambuja Cements Previous Week High: 476

Ambuja Cements Previous Week Low: 454

Ambuja Cements Previous Week Range: 22 Points

Ambuja Cements share price support and resistance for the week (August 14, 2023 – August 18, 2023)

Level Type Value
Resistance 3 492.27
Resistance 2 484.13
Resistance 1 470.27
Support 1 448.27
Support 2 440.13
Support 3 426.27

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