Wolf-AD7

India Cements: Bullish Rectangle

Long
NSE:INDIACEM   INDIA CEMENTS
Accumulation taking place since the beginning of 2021 within the Rectangular pattern.

Breakout of the Bullish Rectangle has been re-tested yesterday and today sustained a closing above the 187 level (top of the rectangle ).

Increase in ADX indicative of strengthening of the trend.

Comments

is the view still valid ?
Reply
gopikrish_94 RishabhGandhi250218
@RishabhGandhi250218, I doubt whether is it still valid. It entered back into its range
Reply
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