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INDIACEMMARKET OUTLOOKSTOCK OUTLOOK

India Cements Outlook for the Week (September 18, 2023 – September 22, 2023)

India Cements
India Cements
India Cements closed the previous week on a negative note losing 10.03%.

Technically, India Cements share price will see immediate support at 233.20 and immediate resistance would be seen at 258.90.

If India Cements share price closes below immediate support of 233.20, then sharp breakdown can be seen. India Cements share price will see major support at 219.00 for the week.

On the positive side, immediate resistance will be seen at 258.90. Closing above 258.90, India Cements share price will see a sharp breakout. Major resistance for India Cements share price will be seen at 270.40 for the week.

Trading range for India Cements share price for this week should be between 207.50 on down side and 284.60 on up side.

India Cements Previous Week High: 256.2

India Cements Previous Week Low: 230.5

India Cements Previous Week Range: 25.7 Points

India Cements share price support and resistance for the week (September 18, 2023 – September 22, 2023)

Level Type Value
Resistance 3 284.60
Resistance 2 270.40
Resistance 1 258.90
Support 1 233.20
Support 2 219.00
Support 3 207.50

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