The stock has shown a minor break out of the ascending triangle pattern today, coupled with spike in volumes.
Cement stocks are expected to have good results this quarter, and Sagar Cements will be no different.
Also, this stock is expected to be split soon (1:10), which can add on to the momentum.
I feel this can be bought at current price for a target of 1295...
Short Term Quick Profit
SL : 977
Timeframe < 60 Days
Can hold for longer time
BULLISH WEDGE BREAKOUT
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels