India cements started trading above its 20 EMA channel. Recent hike in volumes shows interest of big players.
Buy India cements with CMP 104.4 with the stoploss of 95 for the swing of 2 to 4 months. Target 1 - (116-120) Target 2 - (145-155) Target 3 - (200-225)
Trade closed: stop reached
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Momentum loss. Booked 2 point profit and exited from the trade.