📈 India Cement 📉
This Stock Broke out from a Resistance zone of 210-215 after testing two times this range on upside with a strong green candle. If you look closely this resistance also use to be a support in Jan Fab. So It makes this a Strong breakout.
Bias - Long
Target - 231, 254
SL - 205
RR- 1 : 2
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
This Stock Broke out from a Resistance zone of 210-215 after testing two times this range on upside with a strong green candle. If you look closely this resistance also use to be a support in Jan Fab. So It makes this a Strong breakout.
Bias - Long
Target - 231, 254
SL - 205
RR- 1 : 2
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Trade active:
Target 1 of 231 is achieved.
Trade closed: stop reached
