Rugminik

SHREEDIGICEM - Poised for a 10-15% upmove from cmp.

Long
Rugminik Updated   
NSE:SHREDIGCEM   SHREE DIGVIJAY CEMENT
The stock is breaking out of 2 year old consolidation, once can expect 40-50% ROI in short to mid term.

For Swing trade, one may look to enter at current price and trail profits post 114, 14-15% ROI.

The stock is in uptrend in all higher timeframes. The stock is clearly indicating cup and handle pattern in weekly.
Comment:
7% ROI within 5 trading days. Trade on track.
Comment:
14% ROI - Swing Trade Target achieved. One can trail profits for short term.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.