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STARCEMENT

2 Amazing swing trading ideas for 24 December MarketsI daily make educational content videos for swing / positional trading The first stock which is Raymond, is making a symmetrical triangle pattern, It is a volume-based price action and pattern trade idea, its also making a parallel channel which is important to watch before the big breakout candle comes ( if at all ) The second stock, Star Cement, is making a random pattern but more of a solid volumes and price movement type trade. It needs the breakout of my hidden line resistance to be on a weekly time frame. Follow the Risk management rules and good luck trading.
NSE:STARCEMENTLong
by Averoy_Apoorv_Analysis
2
🌟A Deep Dive into STARCEMENT: A Classic Case of Buy on Retest📊 Chart Analysis Overview The technical chart of STARCEMENT presents a fascinating tale of consistent trading patterns that can intrigue both novice and seasoned traders. By deciphering these patterns, we can unearth potential trading opportunities. Here's a deep dive into the stock's behaviour on the chart: 🚀 Key Observations from STARCEMENT's Chart Recurring Breakout Retests: One of the most striking features observed in STARCEMENT's chart is the pattern of breakout retests. Historically, after each significant breakout, the stock prices have tended to pull back to retest the breakout levels. This behavior has been a recurrent theme and provides a clear insight into the stock’s momentum. Formation of New Highs: Post-retest, STARCEMENT often manages to carve out new highs. This suggests a strong underlying market sentiment favouring the stock, thereby indicating a bullish outlook in the wake of each retest. Volume Insights: Throughout these phases, an intriguing aspect is the volume dynamics. The volumes recorded during the retest phases are unusually low. This low volume retest of breakouts is classic and indicative of a less aggressive retracement, which is a positive signal for bulls in the market. 📊 Key Financial Indicators Market Position : Prominent with a market cap of ₹8,941 Cr. Debt Status : Nearly debt-free, enhancing its financial stability. Operational Performance : ROCE at 16.8% indicates efficient use of capital. Profitability Issues : ROE is moderate at 10.8%, reflecting average equity returns. 🚀 Strategic Trading Tips Buying Strategy : Considering the historical success of buying on retests, entering a buy trade at current levels could be advantageous. Stop Loss Strategy : To manage risk effectively, it's prudent to place a stop loss just below the significant support marked by a thick red line on the chart. 📊 My thought The STARCEMENT stock chart is a classic example of how consistent technical patterns can offer actionable insights. Given the recurring nature of breakout retests with low volume, coupled with the stock’s ability to forge new highs post-retest, the current scenario suggests a favorable buying opportunity. As always in trading, while the historical patterns can guide us, it's crucial to stay alert and responsive to any new market developments. Lastly, Thank you for your support, your likes & comments. Feel free to ask if you have questions. Remember, every successful trader keeps an eye on the past but focuses on the future! 🌟 Keep trading smart and stay optimistic! Please note that this analysis is for educational purposes only and I am not a SEBI registered analyst.
NSE:STARCEMENTLong
by AfnanTAjuddin
Star Cement Ltd - Long Setup, Move is ON...#STARCEMENT trading above Resistance of 208 Next Resistance is at 300 Support is at 140 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:STARCEMENTLong
by MandeepSinghKohli
STARCEMENT - Breakout Setup, Move is ON..NSE:STARCEMENT ✅ #STARCEMENT trading above Resistance of 204 ✅ Next Resistance is at 260 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:STARCEMENTLong
by Sandeep_Aggarwal
STARCEMENT - Ichimoku BreakoutStock Name - Star Cement Ltd Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 175 #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. #CloudTrading #IchimokuCloud #IchimokuFollowers #Ichimokuexpert I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, share & subscribe for daily analysis.
NSE:STARCEMENTLong
by nikunjbhadja
STARCEMENT - Long Setup, Move is ON..NSE:STARCEMENT ✅ #STARCEMENT trading above Resistance of 171 ✅ Next Resistance is at 204 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:STARCEMENTLong
by Sandeep_Aggarwal
STARCEMENT - Bottom Triangle chart patternBottom Triangle chart pattern formed on Star Cement Ltd . The pattern formed over 25 days which is roughly the period of time in which the possibility price range may be achieved, according to standard principles of technical analysis. Tells Me: The price seems to have reached a bottom, showing signs of reversal as it has broken upward after a period of uncertainty or consolidation. PLEASE NOTE THAT: This chart analysis is only for reference purpose. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:STARCEMENT
by hardeepssethi
STARCEMENT - Bullish Swing ReversalNSE: STARCEMENT is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:STARCEMENTLong
by BrahmaBull31
STARCEMENT - Ichimoku BreakoutStock Name - Star Cement Ltd Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 163 #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. #CloudTrading #IchimokuCloud #IchimokuFollowers #Ichimokuexpert I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, share & subscribe for daily analysis.
NSE:STARCEMENTLong
by nikunjbhadja
STARCEMENT - Ichimoku Bullish Breakout Stock Name - Star Cement Ltd Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 143 #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. # Cloud Trading # Ichimoku Cloud # Ichimoku Followers I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, share & subscribe for daily analysis.
NSE:STARCEMENTLong
by nikunjbhadja
STARCEMENT - Long Setup, Move is ON..NSE:STARCEMENT ✅ #STARCEMENT trading above Resistance of 132 ✅ Next Resistance is at 171 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:STARCEMENTLong
by Sandeep_Aggarwal
Long STARCEMENT - Move is ON..NSE:STARCEMENT ✅ #STARCEMENT trading above Resistance of 117 ✅ Current strength may push the price to next Resistance at 132 ✅ Now trading at 52 weeks high which is a sign of strength Related chart: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:STARCEMENTLong
by Sandeep_Aggarwal
#STARCEMENT CMP114.60 #Target 126.75 #Cement #Industrial #NiftyDaily Chart #STARCEMENT NSE: STARCEMENT Short Term Quick Profit CMP 114.60 Target : 126.75 SL : 109 Timeframe < 30 Days Can hold for longer time ITS A BULL MARKET RALLY. Bullish on whole INDIA! Corrections and then higher highs again. Factors: Inverted Head & Shoulder Pattern Forming Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:STARCEMENTLong
by Rachit_Sethia