LUCK Lucky Cement Technical Update 31st August 2021

Under Pressure

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LUCK Chart Illustration by CapitalMarkets

LUCK Lucky Cement is caged in a descending wedge and moving back after getting support from supportive trend line of said wedge and a strong horizontal supportive region. Initially 835-836 would try to react as resistant region but breakout above this region would call for 855 and 866. Meanwhile supportive region are far away standing at 804 and 792.

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