On long term frame it has taken support near the channel and consolidating there showing strength around 185-192levels. With summers in most part of the country the cements businesses are at peak levels of construction and infra activities before monsoon.
With reasonable valuation and time correction India cements has become a good long around 185-95levels for immediate targets of 220-245 and positional targets of 265 by Q2 FY 23-24.
With reasonable valuation and time correction India cements has become a good long around 185-95levels for immediate targets of 220-245 and positional targets of 265 by Q2 FY 23-24.