Dalmia Bharat surged with strong volumes, marking a fresh breakout after steady consolidation. Cement stocks are gaining traction amid infrastructure push and demand revival.
🔹 Technical View
Strong bullish candle with volume spike confirms breakout strength.
RSI at 79 signals strong momentum but is entering the overbought zone.
Support: ₹2,400–2,420, Resistance: ₹2,500–2,550. Sustained close above ₹2,500 can open the path toward ₹2,650+.
🔹 Fundamental View
Leading cement player with a robust capacity expansion pipeline.
Beneficiary of housing & infra growth cycle and government’s infra spending push.
Focus on cost efficiencies and margin stability adds strength to the long-term outlook.
⚖️ Conclusion:
Dalmia Bharat is showing a strong breakout backed by volumes. Traders should watch ₹2,500+ for momentum continuation, while investors can see it as a structural cement play with long-term demand drivers.
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