Pole & Pennant BO (India Cements)

India Cements
On Daily Basis Time Frame the Stock has given a Good BO Yesterday of Pole & Pennant Pattern on Chart
So as per Chart the Stock looks Good for Short Term Position as per the Levels given below:
CMP - 204.05 or BoD 198
Target 1 - 214
Target 2 - 229
Target 3 - 244
SL - 183

Time Frame - Short to Medium Term for final Tgt

All charts posted here are only for EDUCATIONAL PURPOSE

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Comment:

CMP - 217.60 & at the eod trading it made a high of 218.90
Target 1 of 214 done on 25/8/2022 and is on the way for a 2nd tgt
as per today's closing it gave a return of 6.64% returns in 10 days

Comment:

India Cement all 3 targets done today and as per CMP 260 it gave a whopping returns of 27.41% Returns in just 27 days and now it is headed for more upward journey as the Stock has given a Good Breakout of Cup & Handle Pattern on Monthly Basis Last Month (August) And a Follow up buying is seen in current month (September) so now the targets as updates per below Levels
Revised Targets
R Target 1 - 279
R Target 2 - 331
R Target 3 - 383 +

Comment:

R Target 1 - 279 Hits on 16th Sept