The India Cements Ltd. trading below weekly resistance zone and 200 SMA and likely to stay weak until it stays below 125-127 zone on a daily closing basis.
Likely to see short term consolidation in 110-125 zone and breakout only above 127 and further momentum to be seen above 140 level.
Technical parameters looks positive as of now.
Keep a watch.
Likely to see short term consolidation in 110-125 zone and breakout only above 127 and further momentum to be seen above 140 level.
Technical parameters looks positive as of now.
Keep a watch.