India cement forming bearish trend NSE:INDIACEM forming flat bottom or descending triangle. After breaking bullish trend line
If a candle break below 226 and sustain bullish move will continue.
Main support area is around 180
INDIACEM trade ideas
INDIACEMINDIACEM:- The stock has come for retesting by giving breakouts on both the monthly and weekly charts.
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#Indiacem cash : Looks good above 235.10#Indiacement cash -Positional call
19.11.2022
Looks good above 235.10
Stoploss 224
Target 248-250/265
Cmp 230.20
India Cem Buy above 249Let The pattern break and the buying level Reaches
Disclaimer-This analysis is for educational purpose only
India Cements - Rounding BottomBuy India cements as it has broken a crucial resistance of 260 decisively on daily and is about to close it on weekly as well. Buy till 260 for 300 as first target and 330 for second target with a stoploss of 240.
NOTE - THIS IS JUST FOR EDUCATIONAL PURPOSE TRADE CAREFULLY WITH YOUR OWN RISK
indiacement look very good for long.indiacem look ver good for long
entry- 236
stopped- 226
target- 280 (1:4 R:R)
Price might take support at trendline---INDIA CEMENTSPrice might take support at trendline or support line or else might fall even more.
CHART POSTED FOR TRADE IDEA. PLEASE DO YOUR OWN ANALYSIS.
Bullish on IndiaCement The upcoming weeks you will see the breakout on IndiaCement.
340 level will achieved in this month only
nicely maintained moving average.
rsi above 60
Breakout On IndiaCement The upcoming weeks you will see the breakout on IndiaCement.
340 level will achieved in this month only
nicely maintained moving average.
india cementindia cement is looking bad in weekly time frame, as its facing a big resistance at 318 zone to 290 zone. if it is not breaking 318 then double top is being confirm and it will drop more.
India Cements Ready for BuildupIndia cements seems strong weekly closing leads rally may continue further
concentrate if price sustain above 269 in daily
INDIACEM - Ichimoku Bullish Breakout Stock Name - The India Cements Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 271
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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Short Term India CementsAve given reversal in larger time frame and have been consolidating after breakout in 15min chart. One should take entry once the channel breakout is confirmed. Markets have been giving accumulation phase story.
India cement looks goodAfter making round bottom and given huge rally till 300 and tumbled, taken support near its trendline and again heading upwards with good volume, may see good rally.
INDIACEMRounding bottom +B+ VOLUME
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“Disclosure : I am not Sebi-registered.” This channel is for only educational purpose. Any profit/loss, I am not responsible.
Before taking any trade on our calls, please consult your financial advisors. Thanks
Pole & Pennant BO (India Cements)India Cements
On Daily Basis Time Frame the Stock has given a Good BO Yesterday of Pole & Pennant Pattern on Chart
So as per Chart the Stock looks Good for Short Term Position as per the Levels given below:
CMP - 204.05 or BoD 198
Target 1 - 214
Target 2 - 229
Target 3 - 244
SL - 183
Time Frame - Short to Medium Term for final Tgt
All charts posted here are only for EDUCATIONAL PURPOSE
Before entering into any Trade / Investment Position kindly consult your Financial Advisor
INDIA CEMENTS (CLOSED ABOVE 255 AFTER 14 YEARS)India Cement turned bearish in 2008 during the market fall. Then it was bullish from 2016 to 2017 and again turned bearish during the Pandemic. Today, after almost 14 years it closed above 255. We can look for an immediate target of 300 and then 50 & 61.8% fib extension.
INDIA CEMENTS BREAKOUTIndia cements seems bullish on weekly chart giving a good close by breaking down trendline resistance the volumes are looking also so good in comparison of so many last weeks so we can see a good upside in this stock although we have to take a must view on Indian indices for next week before going a long in it.
india cements can give multi year breakoutfor exit or stop loss hekinashi would be preferable as better we follow trend ,we can see how price acted in previous years and now price is over 200 dma where the bull run takes place if all time high is broken stock can move further higher
and intresting fact is damani owns around 22 - 24% and can open offer anytime and this is under valued company compared to other cement companies
& india cements current owner actually take over the company in the psat from another promoter , so this time may be damani take overs this
India cements for positional tradeThis is only for education purpose only. Please check your own analysis before you take a trade
GREAT OPPORTUNITY IN INDIA CEMENTS Can go long in INDIA CEMENTS because of the following reasons:
Range breakout with 2x avg volume.
Trend Line breakout.
Flag Formation Breakout.
Target - 230
Entry - 203
Stoploss - 187
INDIACEM LONGINDIA CEMENTS STOCK has broke its trendline and also its resistance with a very good volume.
You can go long in it only after doing your own analysis.
ONLY FOR EDUCATIONAL PURPOSE..!
Educational Price Action Analysis - Weekly chart - India cementIt has given BO over the trendline
DMI+ Strong
RSI Strong
can go upto next resistance i.e. 224
