INDIACEM trade ideas
#indiacements weekly rounding pattern breakout #indiacements weekly rounding pattern breakout
The stock seems to be breaking out big from the rounding pattern formed from a 2017year since resistance level
With wide range weekly bullish candle. The momentum and trend is bullish along with decent volumes.
enter could be further move above alert candle and alert candle low could be stop loss with a targets trailed till next resistance level near 330
INDIACEM - Long term OpportunityINDIACEM - Long term Opportunity
CMP - 239.85
Can be traded in range of 190 to 225
OR Above 251
Next Levels can be expected : 295,315, 385
View will be negated below = 150
Disclaimer : This idea is only for education purpose, Pls cosult your financial advisor
We are not Sebi registered.
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The Indian CementIt looks like Indian cement is near to the multi year breakout.
can be consider for long.
I'm starting the SIP from current level.
Note :This is not a stock recommendation. It's only for educational purpose.
Before taking any position it is advised to consult your financial advisor.
Target 1 achieved in India Cements. Gain of 24%. Target 2 is ON.This is follow-up on India Cements. Can check link to related ideas.
Target 1 achieved. More than 24%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.