INDIA CEMENTS 2:7 RRR TRADE 🎯350

17 Oca 2022

INDIACEM Broke out of a major expanding channel pattern.

Breakout candle is very bullish and volumes are heavy on the buy side.

Price is in a low volume consolidation mode in the form a rising channel pattern on hourly timeframe.
Momentum is expected to continue after the break of this pattern.

One can enter at C.M.P with entire position for 2:7 Risk reward play.

Targets: 300/350+
sl: below 210

Position size accordingly. HAPPY TRADING!