Reason for long
a) cup and handle breakout
b) w formation inside the handle
c) weekly breakout possibility
sl compulsory as market may consolidate with little bearish bias.
INDIACEM:- 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...
NSE:INDIACEM
INDIA CEMENT Stock is trading nearby resistance zone. entry point is close above the price 218.50 rupees.
Target is 230 to 235 rupees.
Stop loss set by below the support line.
If Stock opens Gap up or Gap down from the buy price please Avoid trade
DISCLAIMER:- I'm not SEBI registered research analyst or investment adviser. All stocks & information given is for educational purpose only. Consult with your financial advisor before taking the trade on my views given here.
Kindly cross verify your self and its only for education purpose only.
I think you should watch and see how to perform my analysis after confident you should go with me.
India cement on fire after long day holding...Now I am also ready to make profit. Stock is ready to prove upside trend on 44 moving average with stochastic upside trend plus green big candle. I am a learner and this post is for my remembrance only so that I can check my knowledge.
Pls do ur own research before trading, don't trust others....
Buy above d candle...
India cement formed cup & handle pattern. It's completely Bullish Pattern.Simple price action.we can enter now in this stock. Keep sl @199.1st Target 280.2nd Target 340.Only for education purpose.
