SWING TRADE IN ACC CEMENT(CONDITIONAL)
RANGE BREAK-OUT POSSIBLE
ASCENDING TRIANGLE WITH HIGHER LOW FORMATION
BUY@1651-55(ABOVE 1650 ON CLOSING BASIS)
If it breaks 1600 then next resistance level will be 1900. SL -1600. Stock has broken flag pattern
1) Stock has been in uptrend for last 2 months
2) Half yearly results were better than other competitors
3) Trades cheaply as compared to other players in the sector due to older and less efficient cement plants
4) SC allowing pet coke import will improve the margin
Based on my "xRWave-Blaster" predictive trading methodologies, its going to be a GREEN candle on 14-Jun-2018 for INDIACEM
Buy Above(5Min candle close): 120.4 for targets -
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and ...
Based on my PredictiveSystem's signals, its going to be a GREEN candle on 14-May-2018 for INDIACEM
Buy Above: 137.6 for targets -
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before ...
We can see that at every attempt to break the zone of 155 INDIA CEMENT is getting stronger. So in the third attempt in a 30 minutes chart we can see buyers taking control. On a daily chart 154-155 was a resistance zone which will be broken.
you can buy cash, future or call option . Target 164.
NSE:ULTRACEMCO Weekly Chart. AB=CD in process. Stock above safe buy zone. But seeing the previous wave this trade seems risky. Enter with small quantity. Stop loss below C zone (3783). Target D level = 5200+ By end of Feb 2018.
Ultratech has closed above the trend line and 13wk moving avg (as there are 13 weeks in a quarter) on weekly chart indicating strength.
We can expect it to gain some momentum in the coming weeks