Cementsector
SagarCement there is still more rally 1400+++if in upcoming trading sessions this gives closing only above ...1142 then we will see more 400 points rally in upcoming days with maintaning breakeven SL..
Buy Above- 1142 (Closing)
SL - Breakeven ( Buying Price )
Target - Open Till 1400 then after you can Trail ur SL
ULTRATECH CEMENT - the engineer's choice 🏗️👷Looks good for a quick option.
Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
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India Cements - Good levels to come ?Stock has ben able to break Trendline coming from 2007. If stock breaks the resistance zone respected since 2017 then it can reach the next resistance area of 224-225 in few sessions
If stock breaks and closes above 208 on daily TF then can target for swing - 225, 235 levels.
India CementsIndia Cements (NSE Cash)
CMP - 168.60
Support - 165 & 158 levels (always consider 10% +/-)
Resistance - 180 & 186 levels
Weekly Charts (Long Term)
20, 50 & 100 DEMA is perfectly aligned
Candles have been taking support at 20 DEMA since 4 weeks now. This means that the 20 DEMA level will not be broken easily.
Clear Uptrend
MACD is in the bullish zone but there is no clear indication of the next move.
RSI is dropping down towards the 50 levels but is currently in the bullish zone.
*Long term investors can start to accumulate India Cements
Daily Charts (Medium to Long Term)
The 20, 50 and 10 DEMA are aligned properly.
Candles are taking support on the 50 DEMA instead of 20 DEMA. This can mean that a little push with big volumes can make a drastic reversal on the upside.
MACD is in the bullish zone but is weak.
RSI has just slipped below the 50 mark. This creates a confusion because the prices could fall if RSI continues to linger below 50 or a reversal can show the stock new highs.
*Investors can enter in long positions here as the risk to reward ratio looks promising.
Hourly Charts (Short to Medium Term)
The candles are very close to the first support of 165 levels so risk to reward ratio here is fantastic but don't forget that there is a major support only at 158 levels.
MACD is showing a bullish reversal. Notice how the red volumes bars are fading and getting smaller and the blue line has crossed the orange one and is heading towards the bull zone.
RSI manages to confuse me here as it is trading sideways in the bear zone below the 50 mark.
*Should wait for a minor dip and make long positions as RSI is the only indicator that is confusing.
15m Charts (Intraday or Positional Trade)
The 5, 10 and 20 DEMA has made a cluster and are on the way to break the downtrend.
The MACD has a strong bullish reversal but is still trading in the bear zone but the volume bars are in the green. This enhances the confidence in the strength.
RSI is still struggling with the 50 mark but positive points beat the 1 negative which is the RSI.
*Investors should wait for a reversal / uptrend confirmation and enter long positions. There is a breakout level at around 195 so if you are patient and can hold on, we might see new highs coming in a few days.
Heidelberg Cement NSE CashScript - Heidelberg Cement
CMP - 238.70
Resistance - 244 (breakout level)
Daily Charts
Current pattern (if any) - A clear uptrend seen in line charts
Candlestick Trend / Pattern - NA
DMA - Bull
MACD - Bull
RSI - Bull
Divergence - NA
Hourly Charts
Current pattern (if any) - Clear Ascending Triangle / Bull
Candlestick Trend / Pattern - NA
DMA - Bull / Neutral
MACD - Bull / Neutral
RSI - Bull / Neutral
Divergence - NA
Intraday Charts
Current pattern (if any) - NA
Candlestick Trend / Pattern - NA
DMA - Neutral / Bearish
MACD - Neutral
RSI - Neutral
Divergence - NA
Final View - Trading quite close to the breakout level. We will buy small qty now and add more if there is a dip.
ACC Buy - Swing Trading Setup ( 1 - 4 weeks ) ACC Swing setup
Reasons for Buy
ACC has outperformed the benchmark index and its peers
Daily TF price is at the support area
Even though weekly TF is slightly bearish the demand zone and trend line matches which attract the buyers
Good risk to reward ratio
JK CEMENT : PALGO signal demonstration HOW TO FOLLOW ALGO SIGNAL:
Deciding buy/sell
1.Strictly use only on 1 hour time frame.
2.Wait for a ‘X’ sign before mind make up. A red ‘X’ means look for selling opportunity , a green ‘X’ means look for buying opportunity.
Taking a position:
3.Wait for an arrow before entering into any position. A red arrow on upside of a bar pointing downward means open short position. A green arrow below the bar pointing upward means open buy position.
4.NOTE: Only after the the signalling of X , look for arrow. Do not buy/sell if you see any arrow before the signal of X.
5.STOP LOSS should be the most recent swing high/low or most recent STRONG CANDLE’S high/low.
While maintaining the position :
6.The small triangles after the each bar completion tells you to hold the position. The red triangles appearing upside on the bar tells you to hold the short position, whereas the green triangles appearing below the bars tells you to hold the long position.
Exiting the position:
7.After you create a buy position , if you see a green arrow above any bar pointing downward, then you should either book partially/leave the position for sometime. You will get another signal to re-enter.
8.Similarly, after you create a sell position , if you see a red arrow below any bar pointing upward, then you should either book partially/leave the position for sometime. You will get another signal to re-enter.
9.While being in position if you see any X signal which is opposite of your trade , then leave your position immediately.
10.When you see a big red circle dot then you must exit all your short positions. Contrary , when you see a big green circle dot , you must exit all your long positions. And then wait for a X-signal.
No Trading Zone:
11.When you get frequent X-signals in green-red-green-red & that too very close, then its means that stock is going to form a range. One should wait for the range break & move away to another stock. (THIS IS WHERE YOU WILL REQUIRE A PRACTICE TO IDENTIFY THE RANGE)
ULTRACEMCO has sustained monthly resistance. Look out for LONGS.ULTRACEMENT has shown good MoM and closed above M RT. Price can retest this area. Look out for good PA for longs. WBP neckline also broken out. Price is also above M and W pivots. Next D RT around 4665 can be the target for positional long.