ULTRACEMCO 1 Week View

225
📍 Current trading range (approx)
• Stock is trading near ~₹12,600-₹12,800 on NSE right now.

📊 Weekly Pivot Levels (1-Week Timeframe)

🔹 Resistance Levels
1. Major Resistance 3 (R3): ~₹13,190
2. Resistance 2 (R2): ~₹12,872
3. Resistance 1 (R1): ~₹12,621
➡️ If price closes above ₹12,620-12,630 on weekly close, momentum could pick up toward ₹12,870-₹13,190.

🔸 Support Levels
1. Support 1 (S1): ~₹12,051
2. Support 2 (S2): ~₹11,732
3. Support 3 (S3): ~₹11,481
➡️ Key weekly support is around ₹12,050-₹12,000 — break below this zone can accelerate downside toward ₹11,730-₹11,480.

🔁 Weekly Range Expectation
📍 Upside range: ₹12,620 → ₹12,870 → ₹13,190
📍 Downside range: ₹12,050 → ₹11,732 → ₹11,480

This gives an approximate weekly trading range of ~₹11,480 to ₹13,190 if volatility expands.

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