SHREE CEMENT; TRIANGLE BREAKOUT

٨ أغسطس ٢٠٢١

The script had taken multiple supports and rejections at the trendlines forming a triangle pattern. A recent breakout from the resistance trendline can be seen followed by a retracement. The resistance trendline now will act as a support line. The targets for the script have been shown using the Fibonacci extension. With the Q1 results around, I'm expecting a good rally in Shree Cement.