ITDCEM Prediction for Swing/ Positional Trading
Breakout happened at Entry 1 level above 247. Level almost retested . There is a resistance zone 281 to 287. You can enter into trade above 287 close basis or at CMP or you can entry into trade according to your experience.
Sls- according to you...
ITD Cementation India Limited is engaged in the business of providing design, engineering, procurement and construction (EPC) services for infrastructure projects in India
The company has worked with most of the major ports in India in the Marine and Maritime sector. It also provides infrastructure services in the following areas of operations: Highways, Bridges...
ITD Cementation India is showing breakout on Monthly chart with great Volume, the fundamental is also good check on screener.in and chart is also showing. (www.screener.in)
CMP : 160
TG : 220
SL : 2% Below breakout (143 approx..)
R/R : 3.5 times (Risk to Reward)
Time : 6 month to 1.5 year
Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
ITD cementation stock respecting the TL resistance. If this stock is able to BO the TL then a good move can be expected in the stock. Long after the BO for the first target of 125 then 145. Keep trail SL once touched the fist target. Keep the stock in your watch list. This is for your educational purpose only.
Stock Name - Itd Cementation India Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 128
#This is not Buy and Sell recommendation to any one. This is for...
ITD Cementation Ltd - 17.03.2022
The stock is trading @ 67.75 levels
There is a RESISTANCE Level @ 71
There is a SPINNING TOP in Daily Chart
The prices are above EMA
There is a SUPPORT Level @ 65
One can initiate a buy position above 72 with support @ 65
watch out for the price action