johntradingwick

SHIVACEM - Important support/resistance levels

BSE:SHIVACEM   SHIVA CEMENT LTD.
Key highlights:

- Marked out a few important horizontal S/R levels in order to give a better idea to the new learners.
- Do not trade in between the levels, always trade level-to-level.
- Possible volume climax
- Any pullback towards the 39 level can be seen as a buying opportunity
- Retest zone: 44-45
- Strong support: 40

Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.

Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
Community Manager (India), TradingView

Rajat Kumar Singh,
B.Tech (Delhi Technological University)
Community Manager (IN), TradingView

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