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INDIACEMMARKET OUTLOOKSTOCK OUTLOOK

India Cements Outlook for the Week (July 31, 2023 – August 04, 2023)

India Cements Weekly Outlook and Analysis:

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

India Cements closed the previous week on a negative note losing 4.01%

Technically, India Cements share price will see immediate support at 209.28 and immediate resistance would be seen at 217.93

If India Cements share price closes below immediate support of 209.28, then sharp breakdown can be seen. India Cements share price will see major support at 203.87 for the week.

On the positive side, immediate resistance will be seen at 217.93. Closing above 217.93, India Cements share price will see a sharp breakout. Major resistance for India Cements share price will be seen at 221.17 for the week.

Trading range for India Cements share price for this week should be between 200.63 on down side and 226.58 on up side.

India Cements Previous Week High: 215.75

India Cements Previous Week Low: 207.1

India Cements Previous Week Range: 8.65 Points

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

Level Type Value
Resistance 3 226.58
Resistance 2 221.17
Resistance 1 217.93
Support 1 209.28
Support 2 203.87
Support 3 200.63

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