INDIA CEMENTS a good stock for range trading

Nov 17, 2017

stock has just moved above its crucial level of 172.90 which is the weekly support level as well as a crucial daily support
Watch the RSI indicator closely as the stock has formed a new support at 164.25
Currently by the looks of it one can say that the stock might be trading in a "RECTANGLE"
Levels between 164 to 196 indicators suggest that
Indicators
macd gaining little bit of positive momentum
Rsi has bounced from its oversold zone perfectly
50-weekly moving average is currently at 168 which the stock crossed this week
"TRADE VIEW"
One can execute a long position in this stock at current levels
with a stop loss @163.25 for a target of 195

Nov 20, 2017

Trade active

PLEASE DO NOT PANIC ON INDIA CEMENTS DUE TO THE NEWS ON PETRO CHEMICAL CEMENT SECTOR HAS TAKEN A HIT KEEP OUR ORIGINAL STOP LOSS AND LOOK TO EXECUTE THE LONGS

Nov 21, 2017

Trade active

AS SAID YESTERDAY HOLD ON TO YOUR POSITION KEEP OUR ORIGINAL STOP LOSS AND LOOK TO EXECUTE THE LONGS

Nov 22, 2017

Trade active

!!PATIENCE IS THE KEY TO SUCCESS!!
HOLD ON THE STOCK
OR EXECUTE FRESH LONGS
BTST
@174
@172.50(S)
@179

Nov 22, 2017

Note

!!PATIENCE IS THE KEY TO SUCCESS!!
WE HAVE CROSSED ABOVE OUR 174 OLD TRADE OF BUY CMP WHICH WAS POSTED ON 18/11 IS STILL ON.
BTST TARGET ALMOST ACHIEVED BUT HOLD ON FOR 179

Jan 15, 2018

Trade closed: target reached