✅ Current picture
1. The stock is trading around ₹11,650-11,700 in the NSE market.
2. Weekly indicators show caution: moving averages (20, 50, 100) are above the current price, signalling short‐term weakness.
3. According to weekly pivot‐levels from Moneycontrol:
Resistance around ₹11,865 – ₹12,115 (Classic)
Support around ₹11,501 – ₹11,365
4. Another source gives near-term support ~ ₹11,684 / ₹11,639 / ₹11,587, pivot ~ ₹11,736, resistance ~ ₹11,781 / ₹11,833.
5. Technically the sentiment is “Sell” on short‐term/higher timeframes: e.g., all major moving averages show “Sell” in investing.com.
6. Weekly MACD and RSI are showing mild bearish or neutral signals.
⚠️ Key caveats
These are purely technical levels for the very short term (≈ 1 week) and assume no major news/shock.
Market, sector (cement) and macro conditions (costs, demand) can sharply change the picture.
Strongest moving averages (100/200) are still significantly higher, signalling a broader weakness in trend.
1. The stock is trading around ₹11,650-11,700 in the NSE market.
2. Weekly indicators show caution: moving averages (20, 50, 100) are above the current price, signalling short‐term weakness.
3. According to weekly pivot‐levels from Moneycontrol:
Resistance around ₹11,865 – ₹12,115 (Classic)
Support around ₹11,501 – ₹11,365
4. Another source gives near-term support ~ ₹11,684 / ₹11,639 / ₹11,587, pivot ~ ₹11,736, resistance ~ ₹11,781 / ₹11,833.
5. Technically the sentiment is “Sell” on short‐term/higher timeframes: e.g., all major moving averages show “Sell” in investing.com.
6. Weekly MACD and RSI are showing mild bearish or neutral signals.
⚠️ Key caveats
These are purely technical levels for the very short term (≈ 1 week) and assume no major news/shock.
Market, sector (cement) and macro conditions (costs, demand) can sharply change the picture.
Strongest moving averages (100/200) are still significantly higher, signalling a broader weakness in trend.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.