Get started
rahul.u.bhagwat

INDIA CEMENTS : SIDEWAYS WITH MILD BEARISH BAIS

Short
INDIA CEMENTS (NSE:INDIACEM)  
rahul.u.bhagwat  
NSE:INDIACEM   INDIA CEMENTS
Trend Analysis Chart Patterns Technical Indicators
0
0
trendanalysis chartpattern indicator
India Cements has been in an excellent Bullish Channel for a Long Time now.
Prices are moving in a sideways Channel forming a Triple Top & Ascending Triangle Formation.
However, formation of a Triple Top & confluence of other resisting Trendlines gives us a short-term mildly bearish view.

Sell for Targets of 194/179 levels.

Stop Loss at 214.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.