What is Bullish divergence?Hey everyone! 👋
Last week, we explained some of the basics to know when it comes to understanding divergences in the markets. If you haven’t read that post, be sure to check it out here: 👇
In this post, we are going to examine bullish divergence further, along with a few exhibits. Please rem
Key stats
Market capitalization
9.582BINR
Dividends yield (FY)
—
Price to earnings Ratio (TTM)
—
Basic EPS (TTM)
−3.11INR
About SHIVA CEMENT LTD
ISIN
INE555C01029
Sector
Non-Energy Minerals
Industry
Construction Materials
Website
shivacement.com
Headquarters
Sundergarh
Employees
146
Founded
1985
Shiva Cement Ltd. engages in manufacturing and selling of cement and allied products. Its products include Portland slag cement, clinker, and limestone chips. The company was founded by Rajendra Prasad Gupta on August 12, 1985 and is headquartered in Sundargarh, India.
SHIVACEM - Important support/resistance levelsKey highlights:
- Marked out a few important horizontal S/R levels in order to give a better idea to the new learners.
- Do not trade in between the levels, always trade level-to-level.
- Possible volume climax
- Any pullback towards the 39 level can be seen as a buying opportunity
- Retest zone:
See all ideas
Income Statement
Balance Sheet
Cash Flow
Earnings
Next:—
0
Revenue
0