Cement Sector Technical View 
 
SAMRUDDHI CEMENT
Samruddhi cement has bullish trend. The stock is now trading in the sideways trend with the positive bias. So above the level of 530 some more upside may be seen in the stock. The stock has good support level of 516 in the short run.

ULTRATECH CEMENT
Ultratech cement after made high of 1093 trading with the negative sentiments. The stock has immediate support level of 1040 below which if the stock sustained then some more correction may be seen in the stock.

AMBUJA CEMENT
Ambuja cement has continued to trade in bullish trend. The stock has immediate resistance level of 149 above which the stock may continue the uptrend to the level of 155+ in the short run. The stock has good support level of 145.

JP ASSOCIATE
JP associate made a high of 128 and since then trading with the weak sentiments. The stock broke its support level in the today`s session and if continue to sustained below the level then next support level of 118 can be tested in the coming time.

MADRAS CEMENT
Madras cement is trading in the sideways trend with the positive bias. So a positive move above the resistance level of 122 can continue the rally to the level of 125 in the short run. The stock has good support level of 118.2.

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