✅ 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.
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Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
