#ShreeCEM notices #NR7IB pattern on daily scale. Stock is in bullish trend and trading above all moving averages. RSI, ADX, EFI, ADX all suggesting bullishness. However last 3 candles suggests exhaustion and stock is noticing price rejection at higher levels near its supply zone of 20475-20600. One can wait for a range breakout beyond H=20540 L=20260 and take the trade in the direction of trend with R:R 1:2.
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