DATE: 11 MAY 2021 INSTRUMENT: INDIACEM TREND: BUY TIME FRAME: DAY CMP: 168.70 BUY ABOVE: 170 STOP LOSS: 163 TGT 01: 179 TGT 02: 184 DISCLAIMER: We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
Chart is Self Explanatory. A retest after the breakout on the resistance turned support augers well for a good up move.
This could keep moving higher till it doesn't break the trendline.
Price at resistance. Volatility is low and price action yesterday was interesting.