Update on India Cement Trade Set Up – India Cement moved from 75 to 111.90 high (more than 49% returns in 3 days.), All levels expected achieved. Now further it can correct till 90 levels and sustaining above 90 will take it to newer highs so keep close watch on it.
This trade set up updated 4 days back, please refer below set up
This Trade Set Up is based on Technical Charts and the chart is also Updated below for your kind reference. The trade set up is for short to medium term. The trade Set Up are selected based on high probabilities however money management is to be ensured.
Guy’s please refer the enclosed herewith the daily chart of India Cement CMP is 75.55. India Cement formed strong base at 69-70 levels and now expected to move forward towards 90 levels which gives approx. 18-19% returns. The returns are expected in the shorter time frame. i.e. within 2-3 months. Weekly charts are further indicating upside however the details will be updated on achieving the levels of 90. Weekly charts are indicating upside towards 115 levels that comes to 52%.
Please make a note that nifty and banknifty index futures weekly trend analysis / levels posted here is based on our studies and the knowledge we have on the markets. All the contents posted here are for educational purpose only and it is not a buy or sell recommendations.
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