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MARKET OUTLOOKRAMCOCEMSTOCK OUTLOOK

Ramco Cements Outlook for the Week (August 21, 2023 – August 25, 2023)

Ramco Cements
Ramco Cements
Ramco Cements closed the previous week on a negative note losing 3.08%.

Technically, Ramco Cements share price will see immediate support at 836.47 and immediate resistance would be seen at 862.87.

If Ramco Cements share price closes below immediate support of 836.47, then sharp breakdown can be seen. Ramco Cements share price will see major support at 820.83 for the week.

On the positive side, immediate resistance will be seen at 862.87. Closing above 862.87, Ramco Cements share price will see a sharp breakout. Major resistance for Ramco Cements share price will be seen at 873.63 for the week.

Trading range for Ramco Cements share price for this week should be between 810.07 on down side and 889.27 on up side.

Ramco Cements Previous Week High: 858

Ramco Cements Previous Week Low: 831.6

Ramco Cements Previous Week Range: 26.4 Points

Ramco Cements share price support and resistance for the week (August 21, 2023 – August 25, 2023)

Level Type Value
Resistance 3 889.27
Resistance 2 873.63
Resistance 1 862.87
Support 1 836.47
Support 2 820.83
Support 3 810.07

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