A breakout with good volume. Swing Trade recommended. Expected TGT 60+ and will hold until Reversal is formed. Am not SEBI registered. Do your own analysis before taking the trade.
Gujarat Sidhee Cement LTD bettered its August 2014 high of 44.5 in early Jan 2021 by giving a 45+ close. Since then, the stock slipped back below the long term weekly resistance level of 39 (shown in the chart as a horizontal blue line) and stayed below 39 for many months.
The stock finally broke above 39 this week and managed to close at a multi week high of...