INDIACEM trade ideas
#INDIACEM WEEKLY CHART VIEW#INDIACEM WEEKLY CHART VIEW
The India Cements Ltd. is trading right above the weekly support zone and likely to stay positive until it stays above 110-112 zone.
Likely to see short term consolidation in 110-125 zone and breakout only above 127 on daily closing basis .
Technical parameters looks neutral to positive as of now.
Keep a watch.
Pennant pattern in INDIACEMPennant pattern formation in INDIACEM. Look for breakout and take trade accordingly
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
This stock can double in a year. Will fill your bank with ₹₹₹₹₹India cements first target of ₹200 with a stop at ₹82.
Bullish Monthly Presence in IndiacementsIf the price moves above 125 with good volume, this trade might give good returns in a long position.
INDIA CEMENTINDIA CEMENT formed beautiful continuation pattern & close above the neckline oh INHS pattern.
Volume looks bullish.
Levels mentioned on chart.
Given targets seems achievable.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk.
"Trade what you see, Not what You Think"
Happy Trading(:)
indiacem cup & handle formationindiacem has given breakout from C&H formation neckline 120.5 could be stop and near trm tgt could be 125
Indiancem ! Go long ! A stock has power of making higher high.
Currently trading in good bullish pattern.
Buy from cmp add on dips funda...
& Forget it.
Do your own analysis before any trade.
Educational purpose only.
India Cement share on bullish mode.share of india cement on daily chart is in momentum & try for the BO level of resist.zone , Can take long entry above the price of 118 for the next target level of 125-130. SL level is 109. RSI is also showing +VE divergence . Volume of the stock is also good. So add the stock in your watch list to see the price action movement .
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
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India Cement entered in very strong buying zoneIndia Cement has entered in very strong buying zone, one can go long at current level with target of 125 within a day or 2.
SWING TRADE - SUPPORT & RESISTANCE TRADEStock is taking a good support of the resistance turned support zone. A good upmove with a spike in volume will confirm the dominance of bulls over bears. If RSI remains over 40 levels momentum will be in the hands of buyers thus a good upside potential. But let's wait for the volume confirmation and we'd be good to go keeping a bias towards upside.
Strong support: 110-115
Disclaimer: Take this view for educational purpose. Trade on your own risk.
Happy trading!
INDIA CEMENT Trade SetupThis Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
#IndiaCem @ 121 | Monthly | H&S under 'construction' Though R.Damani has picked up a stake... but chart pattern is depicting another story. It may take a few months more to develop into the full structure.
So if considering long term, please be on a cautious note till the pattern negates.
Head & Shoulder in the making!
India Cements - Daily Chart
The chart looks bullish, after a strong up move some consolidation near previous highs.
Observe volumes - High during buying, Low during selling.
Increased stake by Radha Krishna Damani Ji
India Cement Trend ReversalAfter recent rally in India Cement, there could be possible trend reversal. Please refer attached snapshot of my analysis for reference.
Short Indiacem (Breakdown from channel pattern)All details available on chart.
DO CORRECT ME IF SOMETHING'S WRONG!!
