INDIACEM Outlook for the Week (December 16, 2024 – December 20, 2024)
India Cements closed the previous week on a negative note losing -3.73%.
Technically, India Cements share price will see immediate support at 336.02 and immediate resistance would be seen at 355.77.
If India Cements share price closes below immediate support of 336.02, then sharp breakdown can be seen. India Cements share price will see major support at 327.38 for the week.
On the positive side, immediate resistance will be seen at 355.77. Closing above 355.77, India Cements share price will see a sharp breakout. Major resistance for India Cements share price will be seen at 366.88 for the week.
Trading range for India Cements share price for this week should be between 316.27 on down side and 375.52 on up side.
India Cements Previous Week Open: 358
India Cements Previous Week High: 358.25
India Cements Previous Week Low: 338.5
India Cements Previous Week Close: 344.65
India Cements Previous Week Range: 19.75 Points
India Cements share price support and resistance for the week (December 16, 2024 - December 20, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 375.52 |
| Resistance 2 | 366.88 |
| Resistance 1 | 355.77 |
| Support 1 | 336.02 |
| Support 2 | 327.38 |
| Support 3 | 316.27 |
