Shree Cements_32,000 Target in short termDate: 05 April 2021
Shree Cements has completed the double bottom pattern.
Shreecement
ShreeCem looking for a breakoutLooking at the current candlestick patterns, we can expect a breakout.
Shreecem - Head and shoulder - beyond TargetPrice rejected from the resistance and formed Head and Shoulder pattern. Was at the target today and rejected exactly, after taking the support once again price moved up.
shreecemets weekly levelsMagic Lines:
All supports are not for buy level. As like all resistance are not for sell levels
After long research and back testing we find which S&R is for sell level & which S&R is buy level.
In that result we give the pure intraday levels in charts.
BLUE LINE ARE BUY LEVELS
ORANGE LINES ARE SELL LEVELS
IF OPENING 15MIN CANDLE TOUCH BLUE LINE GO FOR LONG/ IF OPEING 15 MIN CANDLE TOUCH ORANGE LING GO FOR SHORT.
There are 10 different pattern for getting entry in market with this line if anyone interested please command below ...
Shree Cement Intraday Sell limit 28170NSE:SHREECEM Stock take 61.8% and move further, but looks like its loosing steam . sell limit 28170/- plotted
SHREE CEMENT Trading Setup23600 is acting as a strong support from a long time, so if it breaks it will act as a strong resistance and the price can go further down.
Shreecem Buy Trade | PositionalBuy if sustains above 24710 for the targets of 24930, 25280, and 25670 until 24500 is saved on the downside.
Happy Trading!
InvestPro India Team
Shree Cement Flag Pattern BreakoutShree Cement is on the verge of breaking a bullish flag pattern layout. It is consolidating in a triangle since last 45 days. It is well above 200 days EMA.
Looking so Lucrative for short sell at 24230/- Looking so Lucrative for short sell at 24230/- , time of posting may differ price ,. trade is active on 24230/-
SHREECEMTechnical -
Raising pattern, should reach the top.
Ultimate Target 31200.
Positives -
CARE has reaffirmed SHREECEM as CARE A1+
Shree Cement Triple Top Bearish Formationa. Zone: Strong Bear
b. Resistance 1: 20486.25
c. Resistance 2: 20738.15
d. Support 1: 19394.75
e. Support 2: 18219.30
NSE:SHREECEM
SHREE CEMENT SWING TRADE (BUY)Shree Cement Reversal Point - 21478
Stop Loss - Exit if Day closing below 21103
Target - 21853
SHREE CEMENTS TRENDLINE BO LOOKING GOOD ABOVE 22200shree cements trading at its tendline and holding the 22000 level comfortably, swing buy can be initiated above 22200.
Bought SHREECEMENT --- 4 hrs Chart Analysis 1. A clear support zone
2. go long @ 21455
3.keep eye on comment box regularly
SHREECEM ASCENDING TRIANGLETRADE THE BREAKOUT!! SEE THE POWER OF PRICE ACTION IN THE COMING DAYS
Beware : Please keep in mind and stay away from False Breakout Traps.
Also this is not any recommendation, it is only for educational purpose.
Trade at your own risk.
SHREECEM - S/R ZonesRefer to the S/R areas & prices move within the S/R zones
Dark Green - 1M
Dark Pink - 1W
Bright Green - 1D
Dark Red - 75M
