India Cements - Weekly reversal?

India Cements

The stock is trading right above the breakout area and presently is consolidating in a range.

On the downside, 120-125 likely to act as crucial support for the stock.

Likely to see further strength above swing high of 140 level.

Even though the technical parameters look positive as of now; MSI has given a reversal signal. Wait for confirmation from all the factors before investing.

KEEP AN EYE!!
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***this is my personal view. Please take advice from your financial advisor before investing.