indiacem cup & handle formationindiacem has given breakout from C&H formation neckline 120.5 could be stop and near trm tgt could be 125
INDIACEM trade ideas
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 .
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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!!
India Cements - Weekly reversal?India Cements
The stock is trading right above the breakout area and presently is consolidating in a range.
On the downside, 120-125 likely to act as crucial support for the stock.
Likely to see further strength above swing high of 140 level.
Even though the technical parameters look positive as of now; MSI has given a reversal signal. Wait for confirmation from all the factors before investing.
KEEP AN EYE!!
#tradingedge_academy #SMTA_institute
***this is my personal view. Please take advice from your financial advisor before investing.
Forming a symmetrical triangleKeep a eye on this . Could see a breakout soon.
I will update the stop loss and target once breakout is done.
INDIACEM | INDIA CEMENTS 03JUNUPTREND ESTABLISHED AND NEW HIGH HIGH FORMED PREVIOUSLY
EXPECTING UPTREND CONTINUATION
BOTH SIDE ENTRY/TARGETS GIVEN ANYWAYS
ALL THE BEST...!
India Cements LongThe charts shows sign of positivity.
the technical indicators are also bullish for the stock. short term pull back may occur.
Suggesting to Buy with confirmation above 133INR
