INDIACEM trade ideas
India Cement - Bounced off supportLong term buyers keep in cement can look to buy this company.
Stoploss 69.50.
IndiaCem Buy Setup!IndiaCements Stock looks good after a 50% retracement from the recent rally. The stock could start going higher from current levels or retrace a little more till 61.8% fib levels and then going higher towards the target of 95 and 100. Keep a stoploss just below 75 levels.
#indiacements #nifty50 #nseindia #bseindia
IndiaCem : Setup Overall the medium term chart is still bearish
having fallen from 220 to 70 levels
but on short term charts it has made a good move near 80 rs
One can buy it here with stops near 70 for targets of 90 rs in few days
All will also depend on the small and mid cap movement in the market.
India cement Descending Triangle Reversal and TargetIndia cement Chart shows Descending Triangle, Back to back Lower Highs with support at 90.
Multiple Tests will Break 90 and we should see 65-68 if the pattern works out.
65-68 zone is also Historical Horizontal Support area.
INDIA CEMENTS (India Cements Ltd) SELL BELOW 92.55INDIA CEMENTS (India Cements Ltd) SELL BELOW 92.55
Bullish Bat - IndiaCem - 4Hr Bullish Bat - IndiaCem - 4Hr
PRZ: 92.5-94
SL: 90
TGT: 96, 98
09-07-2019
Bullish Bat - IndiaCem - 4hr Bullish Bat - IndiaCem - 4hr
PRZ: 93-94
SL: 89
TGT: 97, 99.5
10-06-2019
INDIA CEMENTINDIA CEMENT IS BULLISH AND A CUP & HANDLE SHAPE FORMATION IS OBSERVED ALONG THE TREND LINE.
ONCE THE PRICE CLOSES ABOVE 107 THEN THE NEXT TARGETS ARE 108 AND 112.
IN CASE OF A FAVOR IN THE BUDGET THEN 120 WILL BE THE HIGHER TARGET.
India cement : buyBuy India cement at cmp 96.70 sl 94 tgt 100- 102
Inverse H&S on 15 min chart with volume on right shoulder near breakout
[positional long] buy above 117
target 1: see chart
target 2: see chart
stop loss: 111
This stock is showing bullish momentum, it could move up and touch its overhead resistance or even breakout too.
