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AMBUJACEMMARKET OUTLOOKSTOCK OUTLOOK

Ambuja Cements Outlook for the Week (September 04, 2023 – September 08, 2023)

Ambuja Cements
Ambuja Cements
Ambuja Cements closed the previous week on a negative note losing 5.01%.

Technically, Ambuja Cements share price will see immediate support at 423.50 and immediate resistance would be seen at 445.90.

If Ambuja Cements share price closes below immediate support of 423.50, then sharp breakdown can be seen. Ambuja Cements share price will see major support at 413.10 for the week.

490.00490.00480.00480.00470.00470.00460.00460.00450.00450.00440.00440.00430.00430.00420.00420.00410.00410.00Jul 21Jul 21Jul 26Jul 26Jul 31Jul 31Aug 3Aug 3Aug 8Aug 8Aug 11Aug 11Aug 17Aug 17Aug 22Aug 22Aug 25Aug 25Aug 30Aug 30Reversal Level 444.70BuyBuySellSell

On the positive side, immediate resistance will be seen at 445.90. Closing above 445.90, Ambuja Cements share price will see a sharp breakout. Major resistance for Ambuja Cements share price will be seen at 457.90 for the week.

Trading range for Ambuja Cements share price for this week should be between 401.10 on down side and 468.30 on up side.

Ambuja Cements Previous Week High: 447.5

Ambuja Cements Previous Week Low: 425.1

Ambuja Cements Previous Week Range: 22.4 Points

Ambuja Cements share price support and resistance for the week (September 04, 2023 – September 08, 2023)

Level Type Value
Resistance 3 468.30
Resistance 2 457.90
Resistance 1 445.90
Support 1 423.50
Support 2 413.10
Support 3 401.10

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