📈 Stock Name - Mangalam Cement Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 928.
🚨Disclaimer: This is not a Buy or Sell...
Stock has formed VCP on chart.
VCP - Volatility Contraction Pattern
Stock was consolidating in a tight range from few weeks near upper resistance line
Good Setup for long position with good risk to reward. Please wait for close above resistance line.
Disclaimer: I am not SEBI registered
Expecting an upmove tomo(22nd Jul 2021). On 15mins chart i see multiple chart patterns forming and also multiple flag patterns.. Likely upside moment.
Keep a watch.
Disclaimer : this is just my view/opinion and not a recommendation or suggestion. Pls analyse it yourself before investing/trading.
