INDIA CEMENTS : SIDEWAYS WITH MILD BEARISH BAIS
India Cements has been in an excellent Bullish Channel for a Long Time now.
Prices are moving in a sideways Channel forming a Triple Top & Ascending Triangle Formation.
However, formation of a Triple Top & confluence of other resisting Trendlines gives us a short-term mildly bearish view.
Sell for Targets of 194/179 levels.
Stop Loss at 214.
Prices are moving in a sideways Channel forming a Triple Top & Ascending Triangle Formation.
However, formation of a Triple Top & confluence of other resisting Trendlines gives us a short-term mildly bearish view.
Sell for Targets of 194/179 levels.
Stop Loss at 214.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.