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NeeteshJain
Feb 21, 2017 1:49 PM

India Cement - Big Breakout  Long

INDIA CEMENTS LTD.BSE

Description

It is been observed on Daily and Weekly Chart that the price action breaks and closes above the resistance level of o 165 levels on daily and weekly chart indicating further bullish move up.

I believe the stock shall further move up to 180-200 levels within few months.

I shall be updating a trade once I see a good opportunity to enter again with right risk and reward.

Thanks

Comment

Target: 174

Stoploss: 164

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