India Cement

shah's picture

Why I think India cement is a great opportunity

India cement is under pressure due to downturn in southern market , but I think this is great opportunity to grab stocks at cheap valuation. Nothing sells for cheap without a reason and there is little risk and chances of high rewards.

rakeshseth's picture

India cement strong value and technicals

Traders with medium/short-term perspective can consider investing in the stock of India Cements.The company is the largest producer of cement in South India and it has a market share of 28 per cent in the South.

The stock's medium-term downtrend that commenced from the June peak
of Rs 180 halted at the key support band between Rs 95 and Rs 100 in
late October. This support was tested again in November after which the
stock bounced up.

The daily relative strength index (RSI) is setting bullish tone. I think the stock can rally upward until it
hits 150 range.

rajumohan's picture

India Cements, is it good time to accumulate ?

About rajumohan

Author is Real Estate and Stock Investor located in Chennai India. Raju is investing Indian capital markets for past 9 years and manages more than 20 Cr of personal finances.

Anonymous's picture

Should I hold India Cement Ltd ?

bought india cement at rs.135 should i wait or sell it.Wt is shot term target.

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