Prism Cement Still Look Healthy

Prism CementTechnical Analyst, Ashwani Gujral has suggested a positive support for Prism Cement.

Mr. Gujral said that the stock can definitely touch Rs 75, and this is the least suggested level as the stock has a long path to cover up in the coming future.

Gujral told, “Prism Cement looks much better than India Cements. India Cements is still in range of about Rs 210 to about Rs 240. Unless it can take out Rs 240 consistently it will probably not go to new highs. Whereas Prism Cement has got support around Rs 48 now and it could easily head up to Rs 75.”