HEIDELBERG
HEIDELBERG :- If the stock gives a breakout of 190 level then we can see an upside movement
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
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Thanks,
Ajay.
keep learning and keep earning.
HEIDELBERG
HEIDELBERG Daily looking bullishHEIDELBERG Daily looking bullish, Trendline breakout, inverted head and shoulder breakout with 200 ema support on daily candle.
Good to buy at 185 for target of 218 with sl below 175
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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.
HEIDELBERGNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
One Right Trade's Swing Trade Idea #159 : Long on HEIDELBERGThis is a public swing trade idea from "one right trade" and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.