India Cement

India Cement after crossed the break up level...solid up move and closed above..

Nothing surprise in the up move of India Cement..

Now the question is, where is the fundamental has played  ?..anything has changed in the bottom line of the Company in last week ?....answer is no...then why it has moved...

Answer is simple....price says i am going to go up...and gone up...

Trading is as simple as mind game....no fundamental and no economy related news...it is purely a number game...you should know to read the cyclical pattern of the level...

When we take trade...we must fix the following three things

1.  Main trend Buy or Sell....go with the Main Stream...
2.  Target
3.  Stop Loss

Don't give more importance to fundamental stuff...because we are not going to run the Company...you are going enter and exit the trade within a span of maximum one week...then why fundamental ?.

Fundamental will come into the picture..if you are going to hold a script for minimum 6 to 8 year time horizon..

Take Care..