INDIA CEMENT (MONTHLY CHART)
(i) Ascending tringle breakout
(ii) Near Rounding pattern breakout after 18 years Resistance.
(iii) Idea is here any one considered on current price for first target to 400 and maintained SL Rs.260.
(iv) Stock approaching RS positive on daily chart
(v) RSI in DWM is above 60 which is shows stock is Bullish. Volumes are high.
(iv) According to my understanding the final target as per pattern may be 550++
(v) Since, this is monthly chart, so time frame for target is 6 to 12 month.
Disclaimer: This is only for educational purposes. Not recommended any buy or sell. Before investing, may be consult your SEBI registered advisor.
(ii) Near Rounding pattern breakout after 18 years Resistance.
(iii) Idea is here any one considered on current price for first target to 400 and maintained SL Rs.260.
(iv) Stock approaching RS positive on daily chart
(v) RSI in DWM is above 60 which is shows stock is Bullish. Volumes are high.
(iv) According to my understanding the final target as per pattern may be 550++
(v) Since, this is monthly chart, so time frame for target is 6 to 12 month.
Disclaimer: This is only for educational purposes. Not recommended any buy or sell. Before investing, may be consult your SEBI registered advisor.
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