DALBHARAT has 55% upside open from CMP...15% in near term.
Another day another Cement stock!
The cement sector does not seem to have any shortage of upside potential even in 2024.
Another stock with a good trading setup is DALBHARAT.
The stock is entering into wave III of Wave III of Wave 3(i know it sounds crazy but that's how the extensive sub-division of cement stocks has been)
INR 2260 which happens to be reversal point today intraday for the stock will act as a crucial support for the stock.
INR 2600 could be the very near-term target on the stock while INR 3500 will the target for those who wish to hold this for a bit longer duration.
The Risk-reward from current levels can not really get better.
The cement sector does not seem to have any shortage of upside potential even in 2024.
Another stock with a good trading setup is DALBHARAT.
The stock is entering into wave III of Wave III of Wave 3(i know it sounds crazy but that's how the extensive sub-division of cement stocks has been)
INR 2260 which happens to be reversal point today intraday for the stock will act as a crucial support for the stock.
INR 2600 could be the very near-term target on the stock while INR 3500 will the target for those who wish to hold this for a bit longer duration.
The Risk-reward from current levels can not really get better.
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