NUVOCO VISTA CORP by KRS Charts18th October 2024 / 11:20 AM
Why NUVOCO ❓
1. Although Stock was in Down trend, Recent Dow Theory is in Favour as we can see in Chart.
2. Breakout and Retest and most importantly sustaining the level with new HL.
3. Once fake Buy side Entry with Huge volume is spotted ❗
4. MACD positive crossover and RSI is near 60
All the Bullish Traits will confirming bullish movement is expected soon with breakout ‼️
Target 484 Rs with SL of 320 Rs.
Cementsector
Ramco cements ltd., Looking going; short term investmet; Add this to watchlist and wait for entry.👁️🗨️
For short term investment ;
Leave a " Like If you agree ".👍
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Wait for small retracement & daily candle to close above - "840".
Trade carefully untill ENTRY level.
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Entry: 840 / 780
Target: 870-915-1040-1100
sl: 815 (840) / 780 (765)
major stoploss / support: 780.
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Enter only if market Breaks
"Yellow box" mentioned.
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Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency "💹
Refer our old ideas for accuracy rate🧑💻
Follow for daily updates👍
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Refer old posted idea attached below.
ACC Cement Swing Long Setup - ACC Cement is currently trading at 2506
- ACC has moved up fair from my call out and now looks all set to move higher
- But before turning extremely bullish make sure to factor in a conservative entry
- We can see ACC approaching or retracing back to 2400-2420
- Timing and Location is everything when it comes to swings
- Manage risk properly and just make sure that your location is conservative
ACC Swing Long Setup - ACC is currently Trading at 2429
- Acc is setting up quite nicely to purge higher
- ACC can be added around 2381-2407 that's where my interest lies in order to look for swing longs in it
- Acc has a decent setup overall the invalidation of this trade would be under the Bullish Orderblock
Neat & Clean Breakout In UltraTech Cement.Hello guy's i hope you all will be doing good in your trading and your life as well. I have brought a stock which has given neat and clean breakout on daily and weekly timeframe. Stock name is UltraTech Cement and it is engaged in the manufacturing and sale of Cement and Cement related product primarily in India. Ultratech Cement is the largest cement company in India and 3rd largest cement company in the world (ex-china) and is the largest cement manufacturer in India. It is also the only cement producer outside of China to have 100+ MnTPA of manufacturing capacity in a single country. Its brands include Ultratech Cement, Ultratech Concrete, Ultratech building Products, Ultratech Building solutions & Birla White Cement under which it sells various different products.
Market Cap
₹ 3,11,707 Cr.
Current Price
₹ 10,796
High / Low
₹ 10,909 / 7,941
Stock P/E
44.2
Book Value
₹ 2,086
Dividend Yield
0.35 %
ROCE
15.3 %
ROE
12.3 %
Face Value
₹ 10.0
Industry PE
30.0
Debt
₹ 11,403 Cr.
EPS
₹ 243
Promoter holding
60.0 %
Intrinsic Value
₹ 3,985
Pledged percentage
0.00 %
EVEBITDA
23.7
Change in Prom Hold
-0.01 %
Profit Var 5Yrs
24.1 %
Sales growth 5Years
11.3 %
Return over 5years
18.8 %
Debt to equity
0.19
Net profit
₹ 7,004 Cr.
ROE 5Yr
13.0 %
Profit growth
40.0 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Long Position in Ramco CementLooking at the chart in the higher time frames you can see a clear tap in to the M timeframe OB.
A strong displacement to the upside creating a OB in the W timeframe - unmitigated.
Gap at the top acting as a magnet for price to move into.
Very clean CoCH and BOS giving confirmation of the move up into higher levels.
A great entry be entry in the GOLDEN level of price retracement - 60% fibs
Levels are in confluence with the W +OB.
Expect price to tap into the W +OB and move higher to the magnets (GAP liquidity, trendline short liquidity)
ULTRACECMOHello and welcome to this analysis
Stock is attempting a trendline breakout after a 5 month period.
Upside potential above 10500 while below 9500 short to medium term correction cannot be ruled out.
Stock has been an underperformer against the commodity sector while its losing its outperformance against the nifty index.
Happy Investing
Digvijay cement-A multibagger in making?Digvijay cement has given a beautiful cup and handle pattern breakout.
Recently, sock has also retested the breakout and formed huge bullish marubozu candle in weekly time frame.
Stock is looking very strong for a big bull run ahead.
Stock has good fundamentals as well and can be held for long term as well.
It is a good stock for multibagger investment as cement sector will definitely grow with growing infra and realty sector.
Ratios at CMP are attractive
PE ratio is around 18, Dividend yield is above 3%.Zero debt company.
ROE, ROCE is above 20.
Current ratio is above 1 and Price to sales is just around 2.
All Time High PossibilityIf the price can sustain above 2675 then its in blue sky territory of ATH.
Given that the overall market condition is also at highs, keeping only a 1:1.5 expectation.
Strict SL and also trail along.
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Good trades become good memories;
bad trades become good lessons.
- Yvan Byeajee
Shree Cement : Exciting Bullish Pattern Alert! 🐂📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Flag & Pole
📌 Symbol/Asset: SHREECEM
🔍 Description: Stock is in a different patterns. Stock should give breakout above 27400-27500
If stock is not able to cross the Resisstance then we can see correction till the support of 24200-24300.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
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PRISM JOHNSON - CUP AND HANDLE ☕Prism Johnson Limited is amongst the largest integrated building materials companies in India, with a wide range of products, namely cement, ready-mixed concrete, tiles, sanitaryware, and bath fittings.
It has just completed a perfect cup and handle pattern . It has given BO of 160 level which is a major resistance of this stock since 2018. Stock approached this level in 2022 but failed to give a breakout of this level.
This breakout is backed by strong Q2 results which are very impressive and one of the reasons for recent buying.
This chart is on the weekly timeframe which increases its importance and seems like a good investment for the next 1 year.
This analysis is just for educational purposes. Do your own research before investing in any securities.