The short-term outlook is bullish for Cemindia Projects. The stock has surged over 7 per cent last week recovering all the loss made in the week earlier.
The price action since August indicates a bull channel. The bounce last week has happened from the lower end of this channel. Immediate support is in the ₹805-995 region.
Video Credit: Businessline
Below that, ₹775 is the next important support. Cemindia Projects share price can rise to ₹910-₹915, the upper end of the channel in the coming weeks.
Traders can buy Cemindia Projects now at ₹838. Accumulate on dips at ₹810. Keep the stop-loss at ₹780 initially. Trail the stop-loss up to ₹845 as soon as the stock goes up to ₹860.
Revise the stop-loss higher to ₹865 and ₹885 when the price touches ₹880 and ₹895 respectively. Exit the long positions at ₹910.
(Note: The recommendations are based on technical analysis. There is risk of loss in trading.)
Published on December 1, 2025
