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Wolf-AD7

India Cements: Bullish Rectangle

Long
INDIA CEMENTS (NSE:INDIACEM)  
Wolf-AD7  
NSE:INDIACEM   INDIA CEMENTS
Candlestick Analysis Rectangle Technical Indicators Stocks stocktrading stockpicks
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candlestick rectangle indicator stocks stocktrading stockpicks
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.
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