Coromandel Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

Coromandel closed the previous week on a negative note losing 6.96%

Technically, Coromandel share price will see immediate support at 946.92 and immediate resistance would be seen at 1,018.17

If Coromandel share price closes below immediate support of 946.92, then sharp breakdown can be seen. Coromandel share price will see major support at 914.33 for the week.

On the positive side, immediate resistance will be seen at 1,018.17. Closing above 1,018.17, Coromandel share price will see a sharp breakout. Major resistance for Coromandel share price will be seen at 1,056.83 for the week.

Trading range for Coromandel share price for this week should be between 875.67 on down side and 1,089.42 on up side.

Coromandel Previous Week High: 1024.25

Coromandel Previous Week Low: 953

Coromandel Previous Week Range: 71.25 Points

Coromandel share price support and resistance for the week (July 31, 2023 – August 04, 2023)