Star Cement can Break Out anytime the Falling Trend Line after 5 years on Monthly Chart. Price has got good hold and showing strength.
SL - 90 looks good on a weekly chart as pullback occurred for the first time.
Initially it may test 120 levels at the earliest (safe side) or can be higher and subsequently can achieve 136 target.
SL - 90 looks good on a weekly chart as pullback occurred for the first time.
Initially it may test 120 levels at the earliest (safe side) or can be higher and subsequently can achieve 136 target.
Comment:
Basis some minute observations, chart analysis is made, target and SL is given to understand the core of the subject for learning purpose only.