SHREDIGCEM Long position

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.
Candlestick AnalysisSupport and ResistanceTrend Lines

Aviso legal