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...
#RANCOCEM NSE: RAMCOCEM Short Term Quick Profit CMP 1024.30 Target 1152 SL : 977 Timeframe < 60 Days Can hold for longer time Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading...
NSE:JKLAKSHMI #JKLAKSHMI CMP: 345.35 Target: 395 ++ {HOLD for higher UP SIDE!} SL: 327 Time Frame: ~ 1 month If you like my work, kindly LIKE SHARE & FOLLOW for latest stock recommendations.