Markets looking overbought as it was 3rd straight day when Nifty closed up in the green, investors are advised to book profits at regular intervals because there would be a dip before any further upmove.
Stock View: Dalmia Cement
As you can see in charts, there is a cup & handle formation. If Dalmia Cem gives a sustained close above 220-230 then you can expect short term targets of 270 & long term targets of 300 and 370. Keep it your portfolio once it gives a breakout, good company & great teachnicals.
Have a nice day
Regards
Ankit
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