Arshad_Khatib

Breakout Done In Orient Cement

Long
NSE:ORIENTCEM   ORIENT CEMENT LTD
At 15 july I posted the Signal of Orient cement for educational purpose and also for some interested people to trade it.
It gave a good breakout with volumes more than Volume moving average 22 on 20th July.
The stock has closed on our 1st target i.e 160 on 30 July and made a high of 162 giving a return of 8%
Now our Gates are open for 165-170-175-185++
155 would act as a minor support for us.
Safe trader can shift stoploss to 150 i.e Cost to Cost
Others can keep a stoploss of 144 - 145.

This Research is clearly for educational purposes for learning stock market and breakout trading and I request you to please make your own research or consult with your Financial Advisor before investing.

Thank you
Happy Trading 😄

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