INDIA CEMENTS Resistance Breakout INDIA CEMENTS has broken out of a strong resistance level .
Levels are mentioned in charts .
INDIACEM trade ideas
India Cement Possible Inverse Head & Shoulder PatternIndia cement Bounced nicely today from 89 area. Which was the bottom of left shoulder too.
A Retest to 89 area is possible and stock may form right shoulder in this week.
Short term target is 99 which happens to be the neck line and if The Setup play out, Target is 115+.
Watch out for the Inverse Head & shoulder pattern which indicates the bottom for India Cement.
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
