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Shree Cement closed the previous week on a negative note losing 4.33%.
Technically, Shree Cement share price will see immediate support at 28,001.95 and immediate resistance would be seen at 29,256.75.
If Shree Cement share price closes below immediate support of 28,001.95, then sharp breakdown can be seen. Shree Cement share price will see major support at 27,245.00 for the week.
On the positive side, immediate resistance will be seen at 29,256.75. Closing above 29,256.75, Shree Cement share price will see a sharp breakout. Major resistance for Shree Cement share price will be seen at 29,754.60 for the week.
Trading range for Shree Cement share price for this week should be between 26,747.15 on down side and 30,511.55 on up side.
Shree Cement Previous Week High: 28997.65
Shree Cement Previous Week Low: 27742.85
Shree Cement Previous Week Range: 1254.8 Points
Shree Cement share price support and resistance for the week (December 18, 2023 – December 22, 2023)
| Level Type | Value |
|---|---|
| Resistance 3 | 30,511.55 |
| Resistance 2 | 29,754.60 |
| Resistance 1 | 29,256.75 |
| Support 1 | 28,001.95 |
| Support 2 | 27,245.00 |
| Support 3 | 26,747.15 |
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