Cement Sector Positive Buy Deccan Cement At Cmp 547.35 SL - 510 ( Weekly Closing Basis )
Wait for RSI to cross 60 on weekly, for momentum to pick up... otherwise, downtrend seems reversed and current week candle being a hammer, support formation seems complete (confirmation will happen with followup candle of next week)
Inverse head and shoulderes followed with Cup and Handle. ^ months target 680
Deccan Cements Good to buy from here. Trend line break out and retest
This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. ...
Breakout in DECCANCE in both DAILY and WEEKLY Timeframes. Entry: CMP Targets: 630 & 740 DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
Buy on weekly basis and stop loss 570 then targets are 650-700+. Bullish Flag pattern breakout
moving averages conversing. Nice platform or launch pad formation
Looks good for a move up at the break of trend line and cloud , levels plotted on chart Disclaimer: The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy. This idea published is purely intended for educational and informative purposes, I urge traders to make their own...
Hey there, hope you are doing well. Here's my analysis, for safe buying only above 661. I will be bullish when any candle sustains above the Green Line. If it break 606.15 then, more down fall can be expected. I am not a SEBI advisor, am only a trader. Hope you like this. Thank you and stay safe.
Broke out of triangle. and selling moemntum keeps picking up in stock. possible top reach 600 / 520 levels in next 4 - 6 weeks
Deccan cement triangle pattern in shrinking range stage. soon breakout possible . Expecting good move in comming days
DISCLOSURE This is only for educational purpose This is not a recommendation I am not SEBI registered Do not TRADE/INVEST basis what I publish here I am not responsible for your loss or gain It is prudent to assume that I have ulterior motives in publishing this Idea I and my clients might or might not have a position, I and my clients might or might not...
Triangle pattern breaking out in Deccan cement. if sustains the BO outside this pattern, swing traders can take a call and include it in their trading plan.
Buy above breakout of trendline and use stoploss as latest swing low. good risk-reward setup.
Stock would try to reach first target of 850 according to Fib retracement. It has retraced to the last all time high level and bounced back this week.
#deccan cement Cement sector looks strong and Deccan cement has completed pullback. Nice time to enter. #VR