India Cements - This south based cement company is now seeing a turnaround in the prospects as the recent numbers announced showed a lower loss this quarter. The boom in the peers is likely to help the sentiments for this counter also as the price is firming up gradually. The oscillators are pointing towards strength and the upmove is likely to continue. This stock is ideal for investors looking for low priced scrips. We put out a buy on the counter.

Your call of  action - 

• Delivery investors - We recommend buying the scrip for investors on all dips and add to one's long positions. Maintain a stop loss at the 22 levels and a profit target of Rs 35 in a conducive market in the near term. 

• Aggressive F&O traders - Derivatives not available on this counter.

• Fixed income strategy - Derivatives not available on this counter.

• Derivatives contract size - Derivatives not available on this counter.