Shree Cement Daily Retracement Trade
HnS patter on Daily TF Good setup for options trade as one Can short or wait for 27450 with aggressive SL 27640 and conservative SL 27790
SELL
All details of analysis are on the chart.. MACD and RSI are at great levels too for both daily and weekly timeframes.. the superimposition method is just a way to estimate the timeframe of price movement and is not indicative of how the actual price movement may happen.. Be Aware of that..Also, timeframe of trade will be less or more than my estimate.. I don't...
HELLO FRIENDS, HERE IS SHREE CEMENT LTD BUY SET UP AS PER GANN SQUARE NEAR 27400 TO 27700 WITH STOPLOSS OF 25900 FOR THE TARGET OF 33300 IN NEXT MONTH. HAPPY TRADING.
Date: 05 April 2021 Shree Cements has completed the double bottom pattern.
Buy for target of 31500 with sl below 28300. Disc : it's not an investment advice to buy or sell
Looking at the current candlestick patterns, we can expect a breakout.
Price 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.
Magic 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...
NSE:SHREECEM Stock take 61.8% and move further, but looks like its loosing steam . sell limit 28170/- plotted
23600 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.
Buy if sustains above 24710 for the targets of 24930, 25280, and 25670 until 24500 is saved on the downside. Happy Trading! InvestPro India Team