Only word describes cement companies' stocks en masse is - UP ! There has been lot of recent activities in cement sector and all points to bullish development. Even taking a look at your surrounding will tell you that structures of concrete are rising every day without any slowdown in sight. For Indian stock market, consumer goods ( now the Fad is for organic...
The peak of the share had reached where its RSI is also above 80% and same levels were observed in last month July 2015. The same case will be repeated this time also.
Go long at 3501 for 1.50% target Trade at your own risk