This Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
Though R.Damani has picked up a stake... but chart pattern is depicting another story. It may take a few months more to develop into the full structure. So if considering long term, please be on a cautious note till the pattern negates. Head & Shoulder in the making!
Key Levels for Stock : Upper Breakout~1009.55 First Target~1021.85 Interim Resistance~1035 Final Resistance~1052.25 **Lower Levels** Lower Breakout~991.45 First Target~979.55 Interim Support~966.80 Final Support~946.60 Please trade with caution and consult your financial adviser before trading.
ACC has shown a good fall in last couple of days , i see a good recovery in all cement stocks in coming weak !
IndiaCements Stock looks good after a 50% retracement from the recent rally. The stock could start going higher from current levels or retrace a little more till 61.8% fib levels and then going higher towards the target of 95 and 100. Keep a stoploss just below 75 levels. #indiacements #nifty50 #nseindia #bseindia
INDIA CEMENTS (India Cements Ltd) SELL BELOW 84
INDIA CEMENTS (India Cements Ltd) SELL BELOW 92.55
Buy India cement at cmp 96.70 sl 94 tgt 100- 102 Inverse H&S on 15 min chart with volume on right shoulder near breakout
One may sell India Cements on rise with a SL of 100.6 wit targets of 94/92.
INDIACEM (India Cements Ltd) BUY ABOVE 93
INDIACEM (India Cements Ltd) BUY ABOVE 91.35
Buy Indiacem with a target of 81 and a SL of 74.9 || Adjust volume as per entry price. Disclaimer : All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment...