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INDIACEMMARKET OUTLOOKSTOCK OUTLOOK

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

India Cements closed the previous week on a negative note losing 18.35%.

Technically, India Cements share price will see immediate support at 223.20 and immediate resistance would be seen at 270.80.

If India Cements share price closes below immediate support of 223.20, then sharp breakdown can be seen. India Cements share price will see major support at 193.70 for the week.

On the positive side, immediate resistance will be seen at 270.80. Closing above 270.80, India Cements share price will see a sharp breakout. Major resistance for India Cements share price will be seen at 288.90 for the week.

Trading range for India Cements share price for this week should be between 175.60 on down side and 318.40 on up side.

India Cements Previous Week High: 259.4

India Cements Previous Week Low: 211.8

India Cements Previous Week Range: 47.6 Points

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

Level Type Value
Resistance 3 318.40
Resistance 2 288.90
Resistance 1 270.80
Support 1 223.20
Support 2 193.70
Support 3 175.60

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