THE INDIA CEMENTS LTD

The Indian Cement near 52 week high Breakout

384
Indian Cement shares are trading near their 52-week high, and after four months, the stock is poised for a breakout with a potential upside of 23%, 95 points, from the current price. Given the risk-to-reward ratio is Good, we recommend maintaining a SL of territory low of four months. Trading at the current level is not advisable; instead, we suggest monitoring the stock for educational purposes. A significant move is expected only after reaching 386.

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