#INDIACEM (Weekly)⚡️Low Debt
⚡️ATH Breakout expected
⚡️CNH Pattern Breakout & Retest
⚡️15 months long base
🔴 SL 248
🟡 CMP 261
🟢 TGT 288/327/392
INDIACEM trade ideas
INDIA CEMENTS-Strong foundationIndia Cements: Able to witness multiple b/out patterns viz Triple bottom,Cup & saucer and a likely Flag pattern in weekly chart .suggests huge move is on the cards.If holds above 270 likely to test 300-330 band in a while as per the pattern formation(For educational purpose only)
INDIACEM Short & Long Term ViewTaking support on the Trend Line and reversing. Best entry would be now with SL of 10% for first target of 20%
CMP - 190
1st Target - 220
2nd Target - 270 (Might take some time)
Stop Loss would be @ 170
Disclaimer: This is not a call. It is completely my own perspective. One must do own analysis before entering. I am not responsible for your either of profits or losses.
INDIACEMIndia cement in bullish mode. 240 is stop loss and 340 is Target. Best price to buy 256 around. It successfully broken recent triangle pattern what resistance of monthly resistance before.
India Cem Swing Long Setup - IMO it's better to book partial gains in India Cem
- India Cem has printed 23% in two weeks post my call-out
- I think we can soon see a huge retracement in Nifty
- Stay Cautious folks, kindly do not leak your hard-earned gains.
India Cements - Cup & Handle and Triangle BreakoutIndia Cements making cup and handle and a triangle breakout on a weekly time frame. Let the cup and handle give confirmation on daily basis. We can expect the price to move to 350+. Other factors:
1. MACD becoming positive, ready to make green histograms
2. RSI moving up
"Clean Charts, Easy Charts"
Learning & Earning!!!
Cheers!!!!
INDIACEM Bullish; above 267.5 on Friday 8 Dec. The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...
SWING Trading Strategy:
Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
INTRADAY Trading Strategy:
1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday.
"High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile may Wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders book profits at this stage
Stop Loss: @ "Open" price of the day OR "Breakoutprice"
This do not constitute, financial, investment, trading, or other types of advice or recommendation.
India Cements- Cup and Handle breakout doneCup and Handle breakout done for the target of 334 with the intermediate resistances mentioned in the chart.
Note: This is for educational purpose only.
INDIACEM | Swing Trade📊 Details
India Cements Ltd is a leading cement manufacturing company headquartered in Chennai. It was incorporated in the year 1946 by Shri S N N Sankaralinga Iyer and Sri T S Narayanaswami. While retaining cement over the years as its mainstay, India Cements has ventured into related fields like shipping, captive power and coal mining that have purposeful synergy to the core business. The co is also a sponsor of the IPL franchise “Chennai Super Kings”.
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
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INDIACEMIndia cement has breakout day resistance in Day timeframe. If Close above. Then It will go to 253 in upcoming days.
INDIA CEMENTS LOOKS ATTRACTIVE BUYBuy INDIA cements 190 till 178 for 202,220 and 250. Invalid below 168 on 2 day closing. Stock has held its 200 WEMA perfectly and made double bottom and now ready to for swing trade.
INDIA CEMENTS HEAD & SHOULDER PATTERNINDIA CEMENT in 2 Hour TF
Breakout Of H&D Pattern
Add to your Watch List
INDIACEM swing trade
Stock seems to be in wave 3
target and SL are on the charts
Fundamentals looks decent, FIIS and DIIS have increased their stake in last quarter
Future OI is increasing
As of today divergence could be seen, this might be breakout in wave 3 and retest in wave 4
INDIA CEMENTS ANALYSISA neat clean breakout in cement shares we can pick indian cements where long position can be initiate with a positional view
Learning VCP Pattern - long INDIACEMFor VCP, there should be first Up trend, then 3 Half curves till resistance trend line, In this chart there was down trend before the half curves.
If we look at the volume, weaker hands are selling (Low volumes on red candles) and strong hands are buying ( high volume on green candles) - increases confidence
Please leave your views, let us help each other to learn and then we will remove L from learn ;)
India + Cement = Only X times returnsIf you're looking for a multi decade breakout with possible 3-4x returns + India growth story then you cannot miss on this stock.
India Cements Bullish Bias Set upLow risk set up
with a Stop loss of 230
Target 1: 280s
Target 2: 295-300s
Huge volume build up
INDIACEMENTS Chart AnalysisBuy @ 229-235
CMP - 230.5
SL - 205-210
T1 - 255
T2 - 285
T3 - 298
Happy trading
IndiacementENTRY TARGET SL Mention in the chart.
ALWAYS TAKE TRADE WITH CONFIRMATION
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
INDIACEM Bullish Breakout momentum Hello friends,
Here is another stock is about to give good momentum.
It is already given breakout and indicator is showing it is going to move up side strong direction.
So we can take momentum opportunity in this stock.
Either can enter with partial amount and wait for small discount price Or
You can enter with full position.
Its near 240 right now it can confirm breakout and point to 235 around
Entry can be 235 - 240
Target can be 280 or ups to you.
As this is only my analysis / point of view for this stock. So do your own analysis for this stock and take position on your own risk.
*i am not suggesting for any stock, so take risk on your own.
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Thank you.
INDIACEMINDIACEM:- Cup and handle pattern has been formed, breakout has also been given, if the price sustains the upside, we may see upside movement
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
