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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SEBI Registration no.: INZ 000160131
