ITD CEMENTATION for 50% (approx..) Gain
Updated
ITD Cementation India is showing breakout on Monthly chart with great Volume, the fundamental is also good check on screener.in and chart is also showing. (screener.in/company/ITDCEM/consolidated/)
CMP : 160
TG : 220
SL : 2% Below breakout (143 approx..)
R/R : 3.5 times (Risk to Reward)
Time : 6 month to 1.5 year
Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
2: Support : Volume, Delivery & VWAP. (To view this, click sedg.in/qbaizrm6)
3: Technical : 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up. (To view this, click sedg.in/pcsjy6rm)
4: Fundamental : PE, PAT, Industry & peer PE and sector performance. (To view this, click sedg.in/35d2hkf7)
5: Timing : Entry Timing on daily chart, wait for near breakout
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk.
Please consult your financial adviser before taking any decision.
Disclosure : going to Hold
CMP : 160
TG : 220
SL : 2% Below breakout (143 approx..)
R/R : 3.5 times (Risk to Reward)
Time : 6 month to 1.5 year
Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
2: Support : Volume, Delivery & VWAP. (To view this, click sedg.in/qbaizrm6)
3: Technical : 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up. (To view this, click sedg.in/pcsjy6rm)
4: Fundamental : PE, PAT, Industry & peer PE and sector performance. (To view this, click sedg.in/35d2hkf7)
5: Timing : Entry Timing on daily chart, wait for near breakout
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk.
Please consult your financial adviser before taking any decision.
Disclosure : going to Hold
Note
flying high.... Results are also ultimate.!!Trade active
almost reached..Trade closed: target reached
it is on fire ..... trail your stop-loss accordingly...
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.