In my opinion, shree cement is showing upward momentum in the weekly time frame. But it is coming towards an important resistance. This level breakout can turn the stock upside. Failing to sustain above resistance levels will drag down this stock.
Important resistance Level : 25900 - 26100
Coming to support, From 2022 Jun, stock was respecting trendline levels and making higher highs. If stock closes below trendline then it will show bearishness.
Important resistance Level : 25900 - 26100
Coming to support, From 2022 Jun, stock was respecting trendline levels and making higher highs. If stock closes below trendline then it will show bearishness.