Fundamental :- Shree Cement is the third-largest cement manufacturer in India with a capacity of 41+ Million Metric tonnes per annum which has grown over the last 10 years at 15.33% CAGR. The company has a market share of 8% and is third after Ultratech cement with 19% and Holcim (ACC+Ambuja) with 13% market share.
Technical :- Symmetrical Triangle breakout with good volume retest done.
First Entry :- Aggressive traders can enter now
Stop Loss :- ₹22500
Second Entry :- above ₹25600
Stop loss :- 23450
Targets :- ₹25750,29390,31234,35890,40720,50000,54900
Technical :- Symmetrical Triangle breakout with good volume retest done.
First Entry :- Aggressive traders can enter now
Stop Loss :- ₹22500
Second Entry :- above ₹25600
Stop loss :- 23450
Targets :- ₹25750,29390,31234,35890,40720,50000,54900