ACC
If it breaks 1600 then next resistance level will be 1900. SL -1600. Stock has broken flag pattern
1) Stock has been in uptrend for last 2 months
2) Half yearly results were better than other competitors
3) Trades cheaply as compared to other players in the sector due to older and less efficient cement plants
4) SC allowing pet coke import will improve the margin
1) Stock has been in uptrend for last 2 months
2) Half yearly results were better than other competitors
3) Trades cheaply as compared to other players in the sector due to older and less efficient cement plants
4) SC allowing pet coke import will improve the margin
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