BUY - ORIENT CEMENT CMP - Rs. 114 Target - 1: Rs. 128 Target - 2: Rs. 139 Target - 3: Rs. 148 . . Comment: Target - 3 will be achieved in the medium-term. . . Technicals - 1) Harmonic Pattern - Cypher . . Follow me for more!
Beautiful Breakout u can observe in Orient Cement but dont jump the gun Enter only above safe Entry levels after its breached convincingly and sutains above it. Good Risk Reward Ratio. Good Strength in Stock Keep trailing after 1st Trgt Happy Trading
Crossing 142 leads the way to 158-164 Crossing 158-164 range enables a way till 184
RSI moving above 60, Bulls in control MACD Bullish crossover completed EMI 9,21 Cross completed Potential Hidden Bullish Divergence in chart as well. Seems like there might be some upside potential here.
ORIENTCEM : - Filtered in Strategy #3 - Flage&Pole pattern - BO done - Volume BO done - Holding 1-2 month for good return Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing
only for educational use trade at your own risk!
BUY ABOVE 121 IF 5 MIN CANDLE CLOSES ABOVE 121 WITH STRONG VOLUMES. MAINTAIN STRICT STOPLOSS.
According to the chart, orient cement is looking long. It has clearly broken consolidation of last some days as you can see on the chart and it is gradually increasing along with the uptrend line. And we can see that buying intent of last three days is also increasing, but the factor that can is a little bit negative is the volume of buy, but it is increased from...
#ORIENTCEM Inverted H&S BO Details in chart.
Below 105, its bad for health. Above the upper TL, it will be good.
ORIENTCEM has been moving in a rising wedge for an year now. Currently testing the bottom edge.Awaiting a reversal or breakDown on account of results.
Please check the annotation
Orient Cement is setting up well in the charts. Check the annotations for further details.