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Cementsector

Shree Cement forming bear flag pattern.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 out/down. 3 point confirmation. 1. Bull trap on daily time frame. 2. Trading below 20 ema (on weekly time frame). 3. Rejection from 20 DMA. An intraday or swing trade can be initiated once the stock break out/down form the box. For option traders next month option can be traded as tomorrow is monthly expiry. Target (upside) :- 22000, 200 DMA Target (downside):- 20200, 19500 The stock has been trading in a range of 3.5% from end of september. A nice movement can be captured in this stock once is closes outside the box and sustains the levels. Wait for the price action near the levels before entering the trade.
NSE:SHREECEM
by TheMamboMomentum
Dalmia Bharat Ltd - Short term SwingDalmia 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 purposes only. 2. Always check with your financial advisor and take the trade as per your risk/reward ratio. 3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...
NSE:DALBHARATLong
by ravi15684
Dalmia Bharat Chart Analysis !!📈 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 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.
NSE:DALBHARATLong
by ShelendrAgrawal
Shree Cement Chart Analysis !!📈 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.
NSE:SHREECEMLong
by ShelendrAgrawal
India Cement Chart Analysis !!📈 India Cement 📉 This Stock Broke out from a Resistance zone of 210-215 after testing two times this range on upside with a strong green candle. If you look closely this resistance also use to be a support in Jan Fab. So It makes this a Strong breakout. Bias - Long Target - 231, 254 SL - 205 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 Taking Any Decision On This Analysis.
NSE:INDIACEMLong
by ShelendrAgrawal
Mangalam Cement - Might get a breakoutRecently cement sector is gaining momentum. After the 2020 fall, the stock is linearly increasing with a spurt in July 2021. Since then the stock has again caught itself in a range between 326 and 414 which can also be confirmed from historical data. Seeing current situations we might expect the stock to give massive returns. Seeing the fib levels and EMA 50 and 200 we can expect Target to be 544 and if it is broken, the sky is the limit. Please comment your thoughts and do share your view among others.
NSE:MANGLMCEMLong
by kunalsanghvi2012
JK Lakshmi Cement ready for the uptrend!🤩💸🔥Buy JK Lakshmi Cement for Positional Trading as well as Investment.💸🔥💸 Comment your views‼️😄 . 💡Capacity expansion to take care of growth: JKLC’s subsidiary, UCWL’s capacity expansion of 2.5MT with a CAPEX of Rs16bn is planned to be commissioned by end of FY24. The funding for the expansion will be through Debt-Equity (70%:30%) and the subsidiary will raise equity through equity infusion from JKLC. The company will spend ~Rs.2bn in FY22 and ~Rs.10bn in FY23. JKLC’s current gross debt stands at Rs.10.78bn & Net debt at Rs.4.14bn (reduced from Rs.21bn in FY17). Debt repayment scheduled for FY22 is ~Rs.330cr. . 💡Valuation & Outlook: The demand outlook is positive given GoI’s strong focus on infra & Housing. The expansion of 2.5MT will support future growth. . ✔️ Technically & Fundamentally Strong💪💪 . 💎@technofunda_trader⁠ Few Important rules from my Trading Philosophy:⁠ 1. Don't compromise on the quality of stock. 2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues. 3. Don't invest more than 5-7% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%. 4. Build position gradually as the stock rises. ⁠5. Trade in the direction of the bigger trend. 6. Ride the trend, don't sell your winners early. . Like, Comment & Share 😄😄😄
NSE:JKLAKSHMILong
by technofunda_trader
APCL looks good Positionally- Price coming out of Range contraction - Accumulative volumes being witnessed - 1.7x weekly deliveries last week - Increasing Relative Strength - Stock outperforming its sector & Nifty50 in every timeframe except on 3m (due to stock being on a breather) - Quarterly results have been positive for since the last 6 Quarters. - Another positive Q2 will incite price to move much further up. - Cement sector will be the collateral beneficiary of the upcoming rotation in Infra sector.
NSE:APCLLong
by AmanSaraf