INDIA CEMENTS
- Stock moving up from strong trend line support zone, indicating strength in India Cements, Stock moved up with good volumes this indicates bulls are very much taking interest. On upper side will find resistance around 130.50, Once Indian Cements closes and stays above 130 then bulls will be favored for next few trading days.
- Intraday close watch once stock starts trading above 130 during trading hours, Once holds above 130 then intraday bulls action is expecting.
- Chart also indicates stock is moving up from 100 DMA, as long as holds above bulls will be favored, closing below 100 DMA will indicates sign of weakness.
- If India Cements moves up from current levels, and closes and holds above 130 then will find next resistance around 152.
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