Tech_stock_trader

Indian cement strong bullish pattern for long entry.

Long
NSE:INDIACEM   INDIA CEMENTS
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.
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 132
Trade closed: target reached: Look made high of 140 still in bullish mode.

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