Stock-Holmes

SHREE CEMENT; TRIANGLE BREAKOUT

NSE:SHREECEM   SHREE CEMENT LTD
The script had taken multiple supports and rejections at the trendlines forming a triangle pattern . A recent breakout from the resistance trendline can be seen followed by a retracement. The resistance trendline now will act as a support line. The targets for the script have been shown using the Fibonacci extension . With the Q1 results around, I'm expecting a good rally in Shree Cement .
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