NSE:INDIACEM best level to take buy entry is 240 with stop loss of 224 (-16 Points). My expected upside target will be 260 (+20 Points). Note: This is my personal analysis, only for learning. Thanks.
NSE:INDIACEM Broke out of a major expanding channel pattern. Breakout candle is very bullish and volumes are heavy on the buy side. Price is in a low volume consolidation mode in the form a rising channel pattern on hourly timeframe. Momentum is expected to continue after the break of this pattern. One can enter at C.M.P with entire position for 2:7 Risk...
NSE:INDIACEM I have already posted this. It has given successful triangle breakout. Target and stop loss are mentioned in the picture Thank you! Happy trading/investing
This could keep moving higher till it doesn't break the trendline.