Sector: Cement and Infra
Good Fundamentals
In the Technical chart, we can see a consolidation (Flag pattern formation)
Monthly and Weekly RSI(14) is above 60 and Daily Rsi is at 40 support. Also, we have a DOJI candle in the daily chart
Short-term trade can be taken above today's high(4425) with a Stoploss below 4300 DCB. Targets can kept at 4750-4770
Medium-term trade can be taken above 4435 with a stop loss of 4125 DCB. Targets can be 5150 and 6250
DISCLAIMER: EDUCATIONAL VIEW
Good Fundamentals
In the Technical chart, we can see a consolidation (Flag pattern formation)
Monthly and Weekly RSI(14) is above 60 and Daily Rsi is at 40 support. Also, we have a DOJI candle in the daily chart
Short-term trade can be taken above today's high(4425) with a Stoploss below 4300 DCB. Targets can kept at 4750-4770
Medium-term trade can be taken above 4435 with a stop loss of 4125 DCB. Targets can be 5150 and 6250
DISCLAIMER: EDUCATIONAL VIEW