IndiaCements Stock looks good after a 50% retracement from the recent rally. The stock could start going higher from current levels or retrace a little more till 61.8% fib levels and then going higher towards the target of 95 and 100. Keep a stoploss just below 75 levels.
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Buy Indiacem with a target of 81 and a SL of 74.9 || Adjust volume as per entry price.
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Refer chart. Indicators also slowly turns positive(ADX loosning negative bias,weekly MACD crossover,weekly CCI and others). Anyhow better to buy above 125. Refer chart for other details.