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Karthik_DC

SHREDIGCEM Long position

Long
SHREE DIGVIJAY CEMENT (NSE:SHREDIGCEM)  
Karthik_DC  
NSE:SHREDIGCEM   SHREE DIGVIJAY CEMENT
Support and Resistance Candlestick Analysis Trend Lines
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supportandresistance candlestick trendline
For 1-day TF, SHREDIGCEM has been facing resistance around 53.75 since 2 months. The same resistance is broken with a decent volume. The target could be 59.5 since this is the next resistance available for SHREDIGCEM.

The break-out of the resistance could be confirmed in 5-minute TF in which the resistance (now support) is tested twice.
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