THE INDIA CEMENTS LTD
Long
Updated

India cement long term breakout & trend

India cement has good weekly breakout first immediate target is 325. Then monthly basis candle will have breakout too. Has big target. Say almost double from here. W pattern in weekly timeframes as well as in the monthly timeframe also good reversal after W pattern formation.
Note
Looks like consolidation over. ones its out from f&o ban it's ready.

snapshot
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Price action going on in the small timeframe. It never weakened though.

snapshot
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Soon will be active around tuesday. as will be out from F&o soon
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Indiacem strong monthly candle formation along with breakout. Keep in study for a quarter.

snapshot
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It will stay bullish above 370. Keep accumulating.
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365 is good support zone now. it can bounce from here.

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