Trading Idea : Buy India Cements Ltd.

BUYING RANGE 114-119
STOP LOSS Below 97 (On closing Basis)
TARGET 155
TIME FRAME 8-10 Weeks

India cement has made higher top & higher bottom after long range bound consolidation on weekly chart. Stock has crossed and currently trading above range bound consolidation zone. Stock is also trading above all key moving averages and RSI and ADX are also showing strength on weekly chart.

We are recommending strong Buy around 114-119 with Stop Loss below 97 (Closing Basic) for Target of 155 in next 8-10 weeks.