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INDIACEMMARKET OUTLOOKSTOCK OUTLOOK

India Cements Outlook for the Week (February 26, 2024 – March 01, 2024)

India Cements
India Cements
India Cements closed the previous week on a negative note losing 5.33%.

Technically, India Cements share price will see immediate support at 238.57 and immediate resistance would be seen at 252.02.

If India Cements share price closes below immediate support of 238.57, then sharp breakdown can be seen. India Cements share price will see major support at 231.98 for the week.

On the positive side, immediate resistance will be seen at 252.02. Closing above 252.02, India Cements share price will see a sharp breakout. Major resistance for India Cements share price will be seen at 258.88 for the week.

Trading range for India Cements share price for this week should be between 225.12 on down side and 265.47 on up side.

India Cements Previous Week High: 252.3

India Cements Previous Week Low: 238.85

India Cements Previous Week Range: 13.45 Points

India Cements share price support and resistance for the week (February 26, 2024 – March 01, 2024)

Level Type Value
Resistance 3 265.47
Resistance 2 258.88
Resistance 1 252.02
Support 1 238.57
Support 2 231.98
Support 3 225.12
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{"buy_point":[{"en_ltd":"2024-02-16","en_sup_p_91":"242.59","en_sup_t_91":"231.22","prev_close":"235.60","en_close":"243.35","new_date":"Feb 16","prev_close_no":235},{"en_ltd":"2024-01-25","en_sup_p_91":"248.05","en_sup_t_91":"237.57","prev_close":"242.00","en_close":"252.60","new_date":"Jan 25","prev_close_no":242}],"sell_point":[{"en_ltd":"2024-02-01","en_sup_p_91":"252.43","en_sup_t_91":"262.37","prev_close":"261.40","en_close":"242.20","new_date":"Feb 1","prev_close_no":261}]}

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