Buy India Cements for target of Rs 90: Rakesh Gandhi

Traders can buy India Cements for a target of Rs 90, says Rakesh Gandhi, Sr Technical Analyst of LKP.

Gandhi told CNBC-TV18, "India Cements has seen a good move out of consolidation formation & it looks like it would continue the upward momentum. Traders can buy for a target of Rs 90 with a stoploss of Rs 74 as the weekly chart is also showing higher highs & higher lows, so the medium trend is also good. So, one can buy for a target of Rs 90 with a stop loss of Rs 74.