India Cements Ltd – Uptrend Pullback with Key Support Levels
The stock showed a strong uptrend from July to mid-September, now undergoing a corrective pullback. Price remains above EMAs but has pulled back from a high of ₹412. Immediate resistance is seen near ₹390, with supports at ₹380 and ₹370. Volume tapering suggests consolidation after the run-up. Holding above ₹380 could resume the upward trend targeting ₹400+, else a drop to ₹350-360 may occur. Overall bullish bias with a corrective phase.
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