If Grasim breaks 2900, target of 3400 possible: Angel Broking

Shardul Kulkarni, Senior Technical Analyst, Angel Broking

Cement as a pack on the charts, how are you playing it?

If you see on the weekly charts, India Cements and Grasim looks good, Grasim looks good. If Grasim manages to cross the 2900 levels then you can be bullish on this particular stock from a weekly perspective of course. The stock forms head and shoulder at that particular price and if the stock breaks 2900 on good volumes you can look at targets of around 3400 in probably 4-6 month perspective.