MrAkshatP

Range Breakout { Very Bullish }

Long
NSE:INDIACEM   INDIA CEMENTS
I think charts are enough to understand the direction... :D
Previously, whenever this stock has given Breakout or Breakdown from a range it has given a big move...

Based on, Breakout targets are 225/230/235/240+
SL will be 215


Note: Do your own study before making any position...
Please Like, Follow and Comment your views below...
Trade closed manually: Fake breakout.. and price is trading bellow channel
Comment: fake breakout.... :(
Trade closed manually: fake breakout

Comments

Bought 240 call in anticipation of the upmove. Lets see if it sticks to its colors
+1 Reply
MrAkshatP sudhansrini
Reply
In INDIACEM LTP @ 220.20, I am not so Bullish as Fundamental was not so strong.
TTM OPM: 15.2, TTM Net Profit Variation: 24, TTM EPS:5.6, TTM PE Multiple: 39.3X,
Compare to Industry OPM: 21.70, PE: 25.24X
But for Swing Trade, some upside is there.
My Opinionn @ 231.55 - @ 238.25 Strong Hurdle Zone, May be Profit booking will Come.
+1 Reply
I am very happy u shared fundamental analysis.. as I dont know much about fundamental analysis it took one whole day to understand me what those figures were... hahah :D @DSKF16, But sometimes companies with bad fundamentals and bullish technicals perform better.... I am hoping for the best this trade will hit tgt ... thank u for sharing :D
Reply
i 'm also very bull with you on indiacem most undervalue at this price for bulls
+1 Reply
MrAkshatP FintellectOne
@FintellectOne, yes I agree with u.. it is undervalue :)
Reply
India cement may be blast
Reply
MrAkshatP Ametayogeshwer
yes @Ametayogeshwer, I am also hoping the same.. :D
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Two types of people enter the stock market every morning - 1) A person with money 2) A person with experience... In the evening when they exit - The person with experience exits with money. The person with money exits with experience...,NICE
Reply
MrAkshatP dr_professor_nifty
@dr_professor_nifty, Thank you bro... :)
Reply
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