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MARKET OUTLOOKSTOCK OUTLOOKULTRACEMCO

Ultratech Cement Outlook for the Week (August 21, 2023 – August 25, 2023)

Ultratech Cement
Ultratech Cement
Ultratech Cement closed the previous week on a negative note losing 3.36%.

Technically, Ultratech Cement share price will see immediate support at 8,046.67 and immediate resistance would be seen at 8,324.02.

If Ultratech Cement share price closes below immediate support of 8,046.67, then sharp breakdown can be seen. Ultratech Cement share price will see major support at 7,878.48 for the week.

On the positive side, immediate resistance will be seen at 8,324.02. Closing above 8,324.02, Ultratech Cement share price will see a sharp breakout. Major resistance for Ultratech Cement share price will be seen at 8,433.18 for the week.

Trading range for Ultratech Cement share price for this week should be between 7,769.32 on down side and 8,601.37 on up side.

Ultratech Cement Previous Week High: 8265

Ultratech Cement Previous Week Low: 7987.65

Ultratech Cement Previous Week Range: 277.35 Points

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

Level Type Value
Resistance 3 8,601.37
Resistance 2 8,433.18
Resistance 1 8,324.02
Support 1 8,046.67
Support 2 7,878.48
Support 3 7,769.32

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