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Cement

Ultracemco, Bullish viewCement sector has gone under time wise and price wise correction form the past 10 days. Also the recent launch of Gati mission by Hon’ble PM, expands the horizon of infrastructure development in India which would aid - 1. Efficient Logistical support 2. Enable better mobility and connectivity 3. Promote local trades 4. Real Estate development as whole. These factors combined can boost the cement sector significantly. Ultratech Cement being the leader will stretch out first in race. The current 1.2 mtpa addition in capacity by Ultractech will also enable it to capture larger marker and fulfil the quality demand in the sector. CMP: 7350 Positional trade through Cash or F&O means, Target: 7600; 7800; 8000+ (Always trail the profits) SL 7190/-
NSE:ULTRACEMCOLong
by ashu1111111111
SAGAR CEMENT looks good PositionallyChart Structure: - Price broke out of a Darvas Box Consolidation on May Mid. - After little consolidation, it again went up to All-Time-High range & consolidated again for a bit. - Price broke an All-time-high and rallied again. - Since Darvas Breakout, the stock rallied around 88% - Post Rally, the stock has been consolidating again and took a 14% breather only. Sectoral Performance: - CNXINFRA has been outperforming Nifty in 1Y, 6M, 3M & 1M timeframes. - In all the above timeframes, the stock is outperforming its Sector as well as Nifty50. - The S&P Reality Index has broken out of its Range on 22nd September and rallying up along with the stocks. - The current push in the Realty sector will also bring Sectoral Tailwinds for the stock. Relative Strength: - After becoming RS+ on 10th June (with the new ARS Date) the relative strength has significantly improved. - The outperformance went up to 11th August, till the stock rallied and came down a bit. - During the consolidation phase, the spread performance came down under 50MA. - Yesterday, the spread value has crossed 21-MA, and again will try to cross over 50-spread MA. - Public & Pro values have also seen positive crossover on 17th September. Volume & Deliveries: - Huge Accumulation was done on 15th & 16th June with 4.79 lac shares delivered (2.39 lac/day) while Avg. before was 17.2k shares per day. - The POC of Rally between 20th July to 4th Aug is around Rs. 272/- - Post Rally, 12.56 lac shares delivered with Avg. 2.51 lac shares per day just before dry volume consolidation. - Between 20th July & 25th August for 24 sessions, the Last 30 minutes Volumes had significantly increased compared to other days. (This suggest Big Hands Buying) - During consolidation the price tried to breach POC levels of 272/- 5 times, but every time good buying (Session) volume was witnessed, keeping the price above POC. - Link for Volume Study - Financial Performance: - June Quarterly numbers were mostly flat with a slight decline in Sales. - Sales Growth - QoQ: -6% / YoY: 49% - PBT Growth - QoQ: 3% / YoY: 40% - PAT Growth - QoQ: 2% / YoY: 42% Consolidation Behaviour: - From 24th August, the stock price is consolidating on a thin Range of 9.5% between 266.10 & 295.00 in 22 sessions. - Price has been consolidating now above 50-MA for the last 10 sessions. - This consolidation has seen 7 Blast-off Candles in Day TF & 2 Weekly Blast-off Candles. - This behavior of Blast-offs has been seen 3 times during consolidation before 25%, 30% & 37% up move. - The 21-day Average of Absolute value (Open-Close) during consolidation is Positive (43.70) - The 14-day Average of Absolute value (Open-Close) during consolidation is also Positive (25.35) - Both Absolute Value Averages suggest buyers are having the upper hand during the consolidation. A good stock to study further & keep an eye upon.
NSE:SAGCEMLong
by AmanSaraf
1
ACC Continuation Trade.Most cement sector stocks seem to be resuming their upward trend after the recent pullback. Amongst them, ACC looks nice to be traded for a swing trade. After running from the 5th July pivot low of 1975 to the swing high of 2454 on 04th August, it seems to have pulled back completing its 38% retracement at around 2275. It also has pulled back to the 20 EMA and has consolidated there. After this it has given signs of continuation by making a bullish bar with above average volumes as is evident in the chart. _____________________________________________________________________________________________________________________________________________________ A long position can be considered keeping the following levels in mind: LONG ABOVE: 2364 STOP LOSS: 2311 TARGET 1: 2417 TARGET 2: 2470 For a better and surer entry, wait for a 15 min candle to close above the "LONG ABOVE" level with above average volumes. _____________________________________________________________________________________________________________________________________________________ Manage your risk properly and trade your plan. Like and follow for more. :)
NSE:ACCLong
by Tradeception_
Simple Trade Setup | ACC | 16-08-2021NSE:ACC Observations: 1) On Daily Time Frame it has closed below 21DMA on 13-08-2021. Since last 3 days it has been failing to close above 21DMA. Please refer Chart below: 2) Another interesting thing is that in Option Chain data major short covering was seen at 2400 call option for August expiry. 3) It has taken support from 2250 level two times. 4) On 15min time frame, it has made lower lows in price while in RSI it made higher lows. This is the sign of bullish divergence. If on 16-08-2021 it sustain in range till 2290 or above and RSI is takes support from that trendline and maintain above it then it will be a quick buy trade. However if it breaks the RSI trendline then the bearish trend will continue. ---------------------------- Trade Setup: 1) If 2300 level will work as good support zone then we can see another upside move.But a safe Buy trade entry should be above 2320 level breakout immediate target 2330. 2) But if it fails to hold 2300 level and breakdown below and continue to take resistance from 2300 level then it will be a down fall. 3) Also if it breaks down 50MA and at the same time RSI breaks down the trendline then it will be short trade. 4) All the levels will work as support, resitance, entry and tareget w.r.t to price action near to that level. Hope I made it easy to understand it. Do comment your doubt or suggestion.
NSE:ACC
by Trading_hawk
Orient cement`s next target is 117.55In the monthly chart view, orient cement's next target is looking 117.55 which is the next resistance of the ongoing up move. But weekly is showing the next target is 120, will take a long time than monthly chart and daily chart is in consolidation so we have to wait for the breakout. Disclaimer - These are my personal views. Don't trade on behalf of my views. Consult your financial advisor before any investment. Comment your views thanks
NSE:ORIENTCEMLong
by Finonomy59
Can you guess the Divergence in ACC ? NSE:ACC Today, 14-07-2021, it has formed a BearishDivergence. So far ACC has maintained good support from 2014.7 and changed the trend from the sideways to uptrend. Now it is trading above the trendline and taking support on it. Trader can only buy above 2090 levels with target of 2115 & 2158 . But there will surely come a correction to check support from 2065-2070. Due to Bearing Divergence formed today, Selling opportunity will come below 2066 levels. Green lines are Fib levels for the target if you short/sell it below 2066. But a strong closing and with stock trading below 2066 for few minutes is needed to be in a safe short side trade. Be quick in taking out profit on Intraday. All the best. If any doubts/suggestions, do comment below.
NSE:ACCShort
by Trading_hawk
Ambuja Cement - Swing Trade A good rally BreakoutChart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade. The above references as an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
NSE:AMBUJACEMLong
by GavinChris
UDAIPUR CEMENT - FUNDAMENTALS and TECHNICALS - BULLRUN COMINGUdaipur Cement Works Limited (UCWL) , incorporated on 15th March 1993, has its registered office at Jaipur, Rajasthan. The company presently is a subsidiary of Indian Cement Manufacturing Company, JK Lakshmi Cement Limited, which is part of reputed business conglomerate JK Organisation (JKO) that has rich business legacy of more than 135 years. UCWL manufactures cement under the brand name-Platinum Heavy Duty Cement. FUNDAMENTALS: > It is a Small Cap company with a market cap of just Rs.953 Cr. > The ROCE is at 16% and ROE is at super 30% which is very impressive. Positive. > Stock P/E is at just 15 which makes the valuation very attractive as compared to the sector P/E at 23. Positive. > Higher than Industry Revenue Growth: Over the last 5 years, revenue has grown at a yearly rate of 52.03% vs industry avg of 12.41%. Positive. > Increasing Market Share: Over the last 5 years, market share increased from 0.06% to 0.35%. Positive. > Higher than Industry Net Income: Over the last 5 years, net income has grown at a yearly rate of 47.72% vs industry avg of 18.8%. Positive. > Debts: The company have Debts of Rs. 523 Cr as per Mar 21 Balance Sheet but the good thing is that it has been taken for business expansion. > Very robust Topline and Bottomline, continuously increasing on YoY basis. > The company is increasing its cash reserves on YoY basis too. > OPM is rapidly growing in last 5 years which is wonderful, it is at 20% as per Mar 21 Balance Sheet, company has also delivered good profit growth of 63% CAGR over last 5 years, that's a super positive sign. > Promoters holding is intact at 72.54% that is a good sign, like they trust their own business and staying invested. TECHNICALS: > On the chart stock have recently gave Breakout after making wonderful Rounding Bottom Pattern since June 17. > It is trading above 100 and 200 DMAs. > Volume is picking up significantly as compared to last few quarters as highlighted by blue box at the bottom, lot of accumulation is going on and the stock is getting ready for a wonderful bull run. With the construction sector coming on track throughout the country as the Covid restrictions easing up slowly in multiple states, the stock have very good potential to become a multibagger. Fresh Buy - AT CMP i.e. 30 Old Buy – Hold First Target – 38.5, but I’m into this for a long haul. Risk Management Tip: Never invest more than 5% of your capital in any single stock. Happy Investing! ShareMktSchool
BSE:UDAICEMENTLong
by ShareMarketSchool
10