India Cement Head and Shoulder(Short)Technical Analysis
India Cement is about to make a complete right shoulder toward neckline which is a final stage of head and shoulder pattern. once it would break the neckline of 66-67 rupees, we can see a huge break down of the stock.
Fundamental Analysis
Even though India Cements aims to reduce gross debt by ₹200-250 crore in the current quarter, its repayment liability for fiscal year 2020 is estimated at ₹3,750 crore.
Best short contender. Short time fall is 115 and then big fall once it cross 66, that big fall would take long time to hit.
