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...
📈 ACC 📉 My Findings :- 1. Breakout of Downtrending Trendline Zone. 2. Breakout from a swing high. 3. Close above March high. 4. Higher High and Higher Low formation. Bias- Long Target- 2380 and 2572 SL- 2023 RR- 1: 1 All Important Supports and Resistances are drawn in chart. All levels are of Spot and on closing basis. Disclaimer : Consult Your Financial...
📈 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...
Price Breakout - With volume. Cement sector is breaking out. Price tending high wid high volume and price is making higher highs. No major resistance.
📈 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....
Recently 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...
ACC is strong Above 2170 RSI should cross 60 for more strength Relative Strength should come above 0 line A good volume + breakout will confirm the Entry
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...
ACC CMP 2241 stock has given narrow range breakout can initiate longs with sl of 2084
#ACC ACC on multiple time frames. Monthly breakout done on july 2021 Stock retested breakout on weekly charts. RSI above 50 on all three timeframes. Stock in accumulation right now. #vr
Head and Shoulder pattern conformed with big read candle.. Take Entry after close below read candle ... (daily Close below 2285 ) SL Head and Shoulders base line... also check head & Shoulder conformed with previous buy zone.
- 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...
The stock has given reversal candle in latest week. Long can be initiated once it is crossing last week high.
DALBHARAT has been in the uptrend and has taken support from its 100 days EMA. As per Fibonacci extension the next target can be expected at around 2742, 30% from CMP. Time period for meeting the target - apprx. 1 month. Stop Loss - 1975
Weekly and monthly RSI showing strength Cement sector is also looking good above 225 multiyear breakout if breakout and sustain above 225 then may test 300 Target 260-300-350 SL Below 180 Closing Duration 1-2 Years
ALL time high broken and set for a rally No new lower lows RSI DIVERGENCE GOOD RISK REWARD HARMONIC BULLISH GARTLEY PATEERN
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...