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Shreecement

SHREECEM Analysis & Prediction in DTFThis is the analysis of SHREECEM in Daily Time Frame. Watch carefully. The chart explains itself. There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown. Always maintain your risk management. Book your profit according to your “STOMACH”. Disclaimer: This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade. Happy trading. About SHREECEM : Shree Cement Ltd. engages in the manufacturing of cement and cement-related products. The company's brand names include Shree Ultra, Bangur, and Rock Strong. The firm's products include: Ordinary Portland Cement, Portland Pozzolona Cement, Portland Slag Cement, and Composite Cement. The company was founded on October 25, 1979 and is headquartered in Kolkata, India.
NSE:SHREECEMLong
by suraranjanganguli
Shree Cement looking slight bearish on weekly charts.Shree cement has been in a bearish move and a retest to 38.2% fib levels is also there on the weekly charts. The stock is trading around 25500 levels and the price action formation is looking bearish. Bearish engulfing candle and rejection from 20 ema adds on to the confluence. Though the markets are trading at ATH and chances are there of a profit booking. If the stock start trading below the support zone around 24400 levels, a shorting opportunity may be captured in the stock. The stock is trading near a high volume area. It is showing some selling happening around 26000 level. Entry can be made once the price start trading below 25400 with proper SL. Another entry for new trades can be made below the support zone. Targets are marked and can be achieved in 1-2 weeks after the entry triggers. Wait for the price action near the levels before entering the trade.
NSE:SHREECEM
by Mambotrade
Shree Cement : Exciting Bullish Pattern Alert! 🐂📈 Exciting Bullish Pattern Alert! 🐂 📊 Pattern: Flag & Pole 📌 Symbol/Asset: SHREECEM 🔍 Description: Stock is in a different patterns. Stock should give breakout above 27400-27500 If stock is not able to cross the Resisstance then we can see correction till the support of 24200-24300. 👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. hashtag#cement hashtag#industry hashtag#money hashtag#stock hashtag#trading hashtag#investing hashtag#finance hashtag#realestate hashtag#nifty50 hashtag#stockmarket
NSE:SHREECEMLong
by FiveCircles
Shree Cement forming bear flag pattern.Shree Cement has been consolidating in a narrow range for around 4 weeks. The stock has formed a bull trap on the daily time frame, giving a break out and getting back to the consolidation zone. It has been facing a rejection from 20 DMA and a bear flag is there. Moving averages on the hourly time frame are close and the stock can give either side break out/down. 3 point confirmation. 1. Bull trap on daily time frame. 2. Trading below 20 ema (on weekly time frame). 3. Rejection from 20 DMA. An intraday or swing trade can be initiated once the stock break out/down form the box. For option traders next month option can be traded as tomorrow is monthly expiry. Target (upside) :- 22000, 200 DMA Target (downside):- 20200, 19500 The stock has been trading in a range of 3.5% from end of september. A nice movement can be captured in this stock once is closes outside the box and sustains the levels. Wait for the price action near the levels before entering the trade.
NSE:SHREECEM
by Mambotrade
Shree Cement is ready for up move Fundamental :- Shree Cement is the third-largest cement manufacturer in India with a capacity of 41+ Million Metric tonnes per annum which has grown over the last 10 years at 15.33% CAGR. The company has a market share of 8% and is third after Ultratech cement with 19% and Holcim (ACC+Ambuja) with 13% market share. Technical :- Symmetrical Triangle breakout with good volume retest done. First Entry :- Aggressive traders can enter now Stop Loss :- ₹22500 Second Entry :- above ₹25600 Stop loss :- 23450 Targets :- ₹25750,29390,31234,35890,40720,50000,54900
NSE:SHREECEMLong
by Sanaatani_trader
Shree cement long opportunityNSE:SHREECEM Stock -> Shree Cement TimeFrame -> Weekly Hello all! Shree Cement has been moving in a channel since Feb 2016. It came back to its lower channel trendline, bounced back with extremely high volumes and also broke trendline 1. I believe it makes for a good opportunity to go long! There are multiple other factors that strengthen my conviction on going long: -Support from both 50 and 200-week EMA -Support from both 50 and 200 daily EMA -Presence of a strong support zone The Risk reward ratio is also decent. The ideal place for entry would be at the retest of trendline 1, although a few quantities of the stock can be bought at the Current market price. *NOT A CALL* #shreecement #technicalanalysis #stocktrading #swingtrading #nifty #markets #trading #investing
NSE:SHREECEMLong
by Traders_Town
Shree Cement Chart Analysis !!📈 SHREE Cement 📉 My Findings :- 1. Breakout of Downtrending Trendline Zone. 2. Breakout from a swing high. 3. Close above Feb and March high. 4. Higher High and Higher Low formation. Bias- Long Target- 27528, 29533 and 31059 SL- 24565 RR- 1: 4 All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you need some more study on it. Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
NSE:SHREECEMLong
by ShelendrAgrawal