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MARKET OUTLOOKRAMCOCEMSTOCK OUTLOOK

Ramco Cements Outlook for the Week (August 14, 2023 – August 18, 2023)

Ramco Cements closed the previous week on a negative note losing 6.14%.

Technically, Ramco Cements share price will see immediate support at 827.73 and immediate resistance would be seen at 881.83.

If Ramco Cements share price closes below immediate support of 827.73, then sharp breakdown can be seen. Ramco Cements share price will see major support at 800.67 for the week.

On the positive side, immediate resistance will be seen at 881.83. Closing above 881.83, Ramco Cements share price will see a sharp breakout. Major resistance for Ramco Cements share price will be seen at 908.87 for the week.

Trading range for Ramco Cements share price for this week should be between 773.63 on down side and 935.93 on up side.

Ramco Cements Previous Week High: 881.8

Ramco Cements Previous Week Low: 827.7

Ramco Cements Previous Week Range: 54.1 Points

Ramco Cements share price support and resistance for the week (August 14, 2023 – August 18, 2023)

Level Type Value
Resistance 3 935.93
Resistance 2 908.87
Resistance 1 881.83
Support 1 827.73
Support 2 800.67
Support 3 773.63

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