Shree Cement Chart Analysis !!
Updated
📈 SHREE Cement 📉
My Findings :-
1. Breakout of Downtrending Trendline Zone.
2. Breakout from a swing high.
3. Close above Feb and March high.
4. Higher High and Higher Low formation.
Bias- Long
Target- 27528, 29533 and 31059
SL- 24565
RR- 1: 4
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
My Findings :-
1. Breakout of Downtrending Trendline Zone.
2. Breakout from a swing high.
3. Close above Feb and March high.
4. Higher High and Higher Low formation.
Bias- Long
Target- 27528, 29533 and 31059
SL- 24565
RR- 1: 4
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Trade closed: stop reached
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