The India Cements Limited

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Momentum Summary: INDIACEM continues to be in the middle quintile of our long-term momentum universe, ranked 407 of 827 stocks. However, it has slipped in its short-term momentum ranking over the past week, with its rank droping to 853 from 638, and is now in the worst quintile of our short-term momentum universe. Note that its short-term ranking is below its long-term ranking, so tread carefully. Moreover, it is trading below its 50-day SMA -- expect that to act as a head-wind. (26-Nov)

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