INDIACEM trade ideas
Buy the beast...This scrip has always tested my patience and also rewarded the patience. Short term trader can trade for channel target 220.
Actually as per my view, it's forming a leading diagonal pattern, one can also consider this scrip for long term perspective but not at this price and at this moment , wait for retracement till 150 to 160.
Triangle pattern in India cements-Another entry possible-
Following my previous post for a monthly
breakout.
-> The stock is forming a pattern again.
-> Enter near the support or after the triangle
pattern breakout.
-> Targets as per my previous post but you also
make a target as per this triangle pattern.
All the best :)
India Cement - about to breakoutINDIACEM - attempting to break trend line resistance repeatedly.
We can see good volumes on day to day basis
Add to watchlist --
Incase if it can break this level and sustain : - should reach 200+ level with in couple of trading sessions ...
Short term pick up ✌✌This scrip beautifully respect the price action and we expect some decent returns on this, so traders keep on your radar to catch the momentum.
India Cements - At the Cusp of a Multi Year BreakoutAfter a failed breakout above the short term resistance trendline ( blue coloured "Resistance TL" on the chart) in mid May, the India Cements stock has moved above the prior resistance trendline once again this week.
The last breakout attempt failed at the long term resistance trendline (red coloured TL on the chart) which is a 13 year old trendline and a break and close above this trendline will lead to a very strong upmove in the medium to long term.
Target : Once the stock closes above the red trendline especially on a monthly basis, the stock will target the 2018 high of 220 odd and will eventually target the 2008 price levels of 260-280. This is an ideal medium term target for this stock.
Stoploss : One can hold longs with a WCB stoploss of 180 which is a very strong weekly support.
India Cements is a great mid to long term buy and should be ideally considered a long term investment at this price.
INDIA CEMENT : Big BreakoutBullish above 200 close 1 day
Target 211, 233, 251
SL : 178
Risk is yours and Reward is too yours
India Cements Resistance BreakoutPositional Trade(2-3 weeks): India Cements breaks out of a resistance at 193.
Buy: India Cements
CMP: 194
Target: 210
Stop Loss: 186
new position creating levellong at base 180, its fundamental saying huge profit with respect to top competitor
India Cem - For BuyPartial buy here, partial can be above breakout
with Sl below 178
For tgts of 210 and above
India Cements Channel Pattern BreakoutIndia Cements Channel Pattern Breakout. Wait for it to retest...
BreakoutFormed a cup and handle pattern in monthly chart and its a clear break out with good volume in previous month and retested the break point. it have potential to move 20 percent.
it is for educational purpose. And it is my view on india cements...
india cementsthe stock is in a uptrend it had a minor dip today tho tomorrow if it opens down it will get back into the S/R zone again
tomorrow will be a crucial day for the trend
cup and Handle Trend going onCup and Handle Pattern continue present time in the chart show , after complete this pattern ,stock shoot up 30 to 40 % soon ,
Only Educational Purpose ,
Note - Take a Advice your Financial Advisor before Investing.
IndiacementsTook support at exactly 20 EMA and Fibo .618.
Next trading session will be an interesting day for this stock.
If it falls further, Short.
If it rises, Long.
#educationalpurpose
India Cements - Good levels to come ?Stock has ben able to break Trendline coming from 2007. If stock breaks the resistance zone respected since 2017 then it can reach the next resistance area of 224-225 in few sessions
If stock breaks and closes above 208 on daily TF then can target for swing - 225, 235 levels.
India Cements: Bullish Rectangle Accumulation taking place since the beginning of 2021 within the Rectangular pattern.
Breakout of the Bullish Rectangle has been re-tested yesterday and today sustained a closing above the 187 level (top of the rectangle).
Increase in ADX indicative of strengthening of the trend.
India CementsDisclaimer : Only for educational Purpose,not a stock recommendation
Trading is an art, learn the art!!!
#stockInvestment
