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11-07-2024 12:15 PM | Source: Religare Broking
Stock of the day : India Cements Ltd For Target Rs.315 - Religare Broking

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India Cements Ltd.

* INDIACEM has registered a breakout from multi month corrective phase with strong rise in volumes highlights potential shift in the trend.

* It has registered a breakout from the bullish flag price pattern denotes bullish bias.

* Following price pattern and uptick in volumes, we believe bullish tone to continue.

* Traders can consider fresh longs in the mentioned range.

 

Buy India Cements Ltd CMP 295.85 Range 294-296 SL 285 Target 315

 

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