SHREE CEMENT LTD
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Shreecement : sell/short because Channel has Broken

SHREECEMENT has broken a long weekly channel downward.

So sell between 25000-24800 with Stoploss 25850 to get the target 21000.

After a significant fall it will try to get into the channel means a pullback. if this pullback fails to enter into the channel above 25850 then 21000 will be very certain in coming weeks.

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Hold your short

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