Attached: Custom Cement Index/ Nifty 50 Daily Chart as of 21st April 2023 (Note: The above Chart is my Custom Cement Index made up of all the F&O Cement Stocks and this is the Ratio/ Relative Strength Chart version of it, against Index Nifty 50. This gives us an idea of the Relative Strength of the Cement Stocks and used to find out whether they are likely to...
With cement stocks trading near upper trend line which makes the sector to be more promising in the short term. ACC ltd being one of Adani's which will be having high speculation and stock have undergone huge correction of 35% from ATH. ACC stock has a high potential for short term as the stock is trading at same price as of 8 years back. The stock has a good...
It may take support here as the stock is in uptrend first expectation is that it will continue the trend. Let it take support and then let it give low risk entry point then enter. If it is not coming then let it go..
One of the India's leading and oldest cement manufacturing company and well known brand of Middle Class Segment of our Country AMBUJA CEMENT, had shown some sharp declined in Jan 2023. However buyers are back and the chart is in the Demand Zone. Let us analyze signals we are getting from chart. 1. The Stock has already faced rejection from both Distal line and...
Buy India Cements Only If Comes In Buying Range Buying Range - 225-240 SL - 197 ( Weekly Closing Basis ) Target - 400
Currently, UltraTech Cement is trading over its strong support zone, which previously served as a resistance area. We can see that the price has come back to test the head and shoulders pattern's breakout & we can see Selling Volume is getting Exhausted. On the chart, I have drawn a red trendline. Planning a buy trade is possible if trendline breakouts occur. for...
NSE:ACC Weekly Breakout from Cup & Handle Pattern CMP trading above all major Weekly Exponential Moving Avgs RSI in Bullish Zone Tgt: 3000 - 3260 - 3675 SL : 2350 Upside Potential : 40% Time Frame : 3 - 12 Months
Ultra tech cement giving a break out of head and shoulder pattern on the higher time frame. The stock on the weekly time frame has given a breakout of the inverted head and shoulder pattern with good volumes. On daily time frame, the stock is halting on the higher levels. The stock as also formed an inside candle on the daily time frame. 3 point confirmation....
long with stop of 6723 for targets 6752,6816, and more resistance breakout trade disclaimer - trade @ own risk
Shree Cement has been consolidating in a narrow range for around 4 weeks. The stock has formed a bull trap on the daily time frame, giving a break out and getting back to the consolidation zone. It has been facing a rejection from 20 DMA and a bear flag is there. Moving averages on the hourly time frame are close and the stock can give either side break...
Entry: 1718 Stop loss: 1632 (Closing Basis) Target : 2015 Notes: Inverse H&S pattern retest Cement stocks in momentum
Entry: 48 Stop loss: 46 Target : 59 Notes: Stock near 52 W highs Retest the 52 W high BO Cement stocks in momentum
Entry: 73 Stop loss: 69 Target : 79/85 Notes: Price breakout from LH-LL trendline Retest the BO Cement stocks in momentum
Ambuja cement Next Target 381 &387 Buy ATM Option ce August Month for 2x 3x
Dalmia Bharat Ltd - short-term swing 1. Efficiently break the falling wedge pattern upwards. 2. Next immediate target will be 1378 3. It may get reversal when it touches the target based on the market condition. 4. It will be applicable only for short-term swing traders. Note: 1. I’m not a SEBI Registered advisor, my research is personal and for educational...
📈 J K Cement 📉 My Findings :- 1. Breakout from a Swing High. 2. Close Above March 2022 High. Bias - Long Target - 3183 and 3787 SL - 2192 RR- 1:2 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...
Ambuja Cement Looks good on Daily & Weekly Charts Till it holds above 350 it's going to do well Only stock in cement sector looking good.
📈 Dalmia Bharat 📉 This Stock Broke out from a Resistance zone of 1480-1500 after testing two times this range on upside with a strong green candle. If you look closely you can find double bottom kind of pattern as well. So It makes this to long ride with Great risk to reward. Bias - Long Target - 1727, 1981 and 2170 SL - 1359 RR- 1:4 All Important Supports...