ORIENTCEM trade ideas
Orientcem TLPlease find the technical indicators for Orient cememt. Currently in the verge of Breakout. Please watch
Long PositionAs the graph shows the neutral all over the technical it had showed the V-shape recovery after the march downfall. This Stock tending to show the higher levels in the long posiition over the time with curv recover over the downfall.
ANOTHER INVERSE HEAD AND SHOULDERS, POSSIBLE BREAKOUT OVER CMP!!As clearly seen, stock has completed the inverse head and shoulders pattern on weekly charts and is ready to give a breakout if it breaches the current market price. Fresh position can be taken on these levels with the stop-loss of 85 for the targets of 135 from here.
ORIENTCEM breakout towards 87/95/100++Levels are mentioned in the chart...
Note:
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2. Always remember SL is your lifeline not the big target...
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Break out on weekly + daily time frameBreak out on weekly + daily trend line
Also CUP and Handle pattern break Out
Price is above 200EMA. Uptrend is started
Orient CementWait for the channel to break for potential upside to 75 & 82 levels with SL near 60 levels.
Buy fast wont get such change again orient cement on verge of huge breakout on daily charts and the stock has the chance to reach levels of 100 in a month or two.
ORIENTCEM :: Short Term BuyShort term & Mid term Buy
Disclaimer: Buy Sell is your choice. No Recommendation.
Cheers!
Vikas Gupta
Quick 5% Gain Trading Opportunity ORIENTCEMHi Guys, ORIENTCEM can make one more push upside before bigger degree correction get it at breakout
***Use Proper Risk and Money management Rule if you don't had a one please watch the play don't trade
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ORIENT CEMENT Wedge BreakoutORIENTCEM has been moving in a rising wedge for an year now. Currently testing the bottom edge.Awaiting a reversal or breakDown on account of results.
