INDIACEM trade ideas
INDIACEM Inside Bar TradeBuy it it breaks PDH with a stop-loss at PDL
Sell if it breaks PDL with a stop-loss at PDH
india Cement Nearing Buy ZoneStock may Bounce from here because its down 18% in last 1 week. Stock trading in the descending channel and should bounce from the trendline shown in the chart. Buy now or wait for flash buying opportunity between 79-80.
India Cements Bounce Bet - Inside BarLong if it breaks the high of the previous day with a stop loss at the previous day's low.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Last time the high of the candle being 100.9 didn't trigger because it reached up to 100.75 only. Let us give it one more try.
India Cements Bounce BetLong if it breaks the high of the previous day with a stop loss at the previous day's low.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
India Cements short term view- BullishRefer chart. Indicators also slowly turns positive(ADX loosning negative bias,weekly MACD crossover,weekly CCI and others). Anyhow better to buy above 125. Refer chart for other details.
Vijayaraghavan.K,
Kovilpatti.
INDIACEM CUP N HANDLE BREAKOUTTARGET 150+ IN COMING DAYS.. ALSO IT HAS TRENDLINE BREAKOUT ON WEEKLY CHART..
India Cements short term viewBuy at this level. Refer the chart for target and stoploss.
Vijayaraghavan.K,
Kovilpatti
India Cement : Take Positive Biased Trades ! {Bullish}Everything is mentioned Over the Chart !
Please Comment if You do have any query !
Good Luck !
SWING TRADE IN INDIA CEMENTS SEPT (FUT)SWING TRADE IN INDIA CEMENTS
SEPTEMBER FUTURES
RANGE BREAKOUT
122 DAILY SUPPORT A CLOSE ABOVE
WILL LEAD TO TARGET OF 132
BUY@124.5
STOP@121.5
TARGET@130
LOT:3500
QTY:1
Good 125 level breakout - India Cement Good consolidation and breakout @ 125 level . SL-122. tgt 135
India Cements Kerala Flood Effect and Cycle ReversionSouthern Players - India Cements and Ramco Cements posted bad results because their focus was on expansion rather than profitability which lead to a bubble in operating expenses. It got more hammered on the ground of pet coke ban. But pet coke ban is lifted now. The effect is still not factored in which will be very much positive anyways.
And now comes the Kerala flood, both India Cements, and Ramco Cements have huge exposure on Kerala. Calamity-stricken residents will be in the huge rush of repairing their home leading to an unusual demand for cement which will create lack of supply resulting in an increase of cement price as well as higher profitability.
Election 2019 will have synthetic effect anyways because of the affordable housing theme!
We have already bet on India cements on 98 levels. Let's increase the allocation to 100% now!
Technically, it is a consolidation zone. It can consolidate longer and then take off.
Indiacem Investment IdeaWe can not definitely time when the up move will start. Enter with 50% allocation. Yesterday, for the first time after several weeks, cement sectors have seen long builtup.
We will use the rest 50% allocation once the trend is confirmed.
