Hi Guys, ORIENTCEM can make one more push upside before bigger degree correction get it at breakout
***Use Proper Risk and Money management Rule if you don't had a one please watch the play don't trade
Please comment below and hit the like do share which will encourage me to post more new ideas
Thank you
After formation of Doji, share has formed Bullish Engulfing (shown in blue box) with good volume. EMA 12 days is moving toward EMA 26 days and about to go above it (shown by yellow and blue lines). RSI is also supporting price rise.
Share price will go up.
Orient Cement Limited is an India-based company engaged in the manufacturing and sales of cement. The Company's products include Birla A1 Premium Cement, Birla A1 Premium Cement-OPC 53 Grade and Birla A1 Premium Cement-OPC 43 Grade. The Company's product mix includes ordinary Portland cement (OPC) and Pozzolana Portland cement (PPC), which are sold under the brand name of Birla A1. The Birla A1 Premium Cement is an inter-grinding of Portland cement clinker, gypsum and fly ash. The Company is part of the CK Birla Group. The Company's manufacturing facilities are located at Devapur in Telangana, Jalgaon in Maharashtra and Chittapur in Karnataka. The cement production capacity of the Devapur plant is approximately three metric tons per annum (MTPA). The Company operates a clinker grinding plant in Jalgaon, Maharashtra of approximately two MTPA cement production capacity.
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ORIENTCEM
