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MARKET OUTLOOKRAMCOCEMSTOCK OUTLOOK

Ramco Cements Outlook for the Week (August 07, 2023 – August 11, 2023)

Ramco Cements closed the previous week on a negative note losing 6.40%.

Technically, Ramco Cements share price will see immediate support at 850.02 and immediate resistance would be seen at 908.47.

If Ramco Cements share price closes below immediate support of 850.02, then sharp breakdown can be seen. Ramco Cements share price will see major support at 823.43 for the week.

On the positive side, immediate resistance will be seen at 908.47. Closing above 908.47, Ramco Cements share price will see a sharp breakout. Major resistance for Ramco Cements share price will be seen at 940.33 for the week.

Trading range for Ramco Cements share price for this week should be between 791.57 on down side and 966.92 on up side.

Ramco Cements Previous Week High: 913.75

Ramco Cements Previous Week Low: 855.3

Ramco Cements Previous Week Range: 58.45 Points

Ramco Cements share price support and resistance for the week (August 07, 2023 – August 11, 2023)

Level Type Value
Resistance 3 966.92
Resistance 2 940.33
Resistance 1 908.47
Support 1 850.02
Support 2 823.43
Support 3 791.57

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