RAMCOCEM Outlook for the Week (December 16, 2024 – December 20, 2024)
The Ramco Cements closed the previous week on a negative note losing -0.62%.
Technically, The Ramco Cements share price will see immediate support at 999.22 and immediate resistance would be seen at 1,037.72.
If The Ramco Cements share price closes below immediate support of 999.22, then sharp breakdown can be seen. The Ramco Cements share price will see major support at 985.38 for the week.
On the positive side, immediate resistance will be seen at 1,037.72. Closing above 1,037.72, The Ramco Cements share price will see a sharp breakout. Major resistance for The Ramco Cements share price will be seen at 1,062.38 for the week.
Trading range for The Ramco Cements share price for this week should be between 960.72 on down side and 1,076.22 on up side.
The Ramco Cements Previous Week Open: 1019.4
The Ramco Cements Previous Week High: 1048.55
The Ramco Cements Previous Week Low: 1010.05
The Ramco Cements Previous Week Close: 1013.05
The Ramco Cements Previous Week Range: 38.5 Points
The Ramco Cements share price support and resistance for the week (December 16, 2024 - December 20, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 1,076.22 |
| Resistance 2 | 1,062.38 |
| Resistance 1 | 1,037.72 |
| Support 1 | 999.22 |
| Support 2 | 985.38 |
| Support 3 | 960.72 |
