Stock Radar: 16% rally in a week! Orient Cement stock breaks out from downward sloping trendline on weekly charts

  • Posted on October 20, 2024
  • By Business News Today
  • 2 Views
Stock Radar: 16% rally in a week! Orient Cement stock breaks out from downward sloping trendline on weekly charts

Orient Cement surged over 16% in a week, breaking out from a falling trendline resistance and forming a 'Handle' pattern on the weekly charts. Experts suggest buying on dips for a target of Rs 390, with the stock showing bullish momentum supported by key moving averages and technical indicators.
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