Indian cement strong bullish pattern for long entry.
On weekly & monthly chart strong bullish candle is visible at BO level of 120. If this BO sustains for some time then surely go for long with target of 135 to 140 for positional & swing entry. Earlier, stock has seen rejected twice from the same level ( May-19, Feb-20) . Lets wait and watch for the BO or else history repeats as volume level is low at this time. Will look in next week trading session. Keep the stock in your watch-list.
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thanks.
Kindly follow me for further update & for any doubt Please feel free to ask.
thanks.
Trade active
Active due to selling pressure could not sustain at the breakout level. Watch and see.Trade active
Resistance level broken confirmation received. Now can be taken for long entry.Trade active
made high of 132Trade closed: target reached
Look made high of 140 still in bullish mode.
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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.