Buy India Cements, stoploss Rs 109: Devang Visaria

The stock made a big move to around Rs 120 or so on last Tuesday and now it has just been consolidating in a corrective decline.

ET Now spoke to Devang Visaria, Chief Strategist, devangvisaria.com, on his call on India Cements.

What is the call on smaller players say an India Cements, Prism Cement, Dalmia Cement?

We like India Cements from these levels, stock made a big move to around Rs 120 or so on last Tuesday and now it has just been consolidating in a corrective decline. So at this level, it is a trading buy with a stop of Rs 109 you could expect a move back to Rs 118-Rs 120 levels with 2 or 3 day trading perspective.
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