ShreecementTaking strong support from the levels marked weekly closing above the resistance line shall open higher levels upto 30000. Negation below support lineLongby diwakar.solanki0
Shreecem Daily Chart AnalysisShreecem CMP@25450 Perfect Short Setup Trading Below All Major Averages RSI Bearish Heading Towards 23500Shortby rkalunge1
SHREE CEMENTS - 1HRLooks like Head N Shoulder in 1 HR time frame may take a bounce could see downtrend to the base support. depends on market condition. SL can be near to previous shoulder.Shortby TradersAcademy_Bangalore1
SHREE CEM -LONG"23900 Support-- S/L on DCB- 23900 Trade entry above 24575 Target 28600+" Longby SanthoshNethi2
SHREE CEMENT IS BACK!NSE:SHREECEM has probably completed its retest after inverted H&S breakout. Some buying momentum gaining now. Cement stocks have already rallied a lot so expect some good gains. Longby Abhyuday010
SHREECEM SHREECEM (Daily) CMP 27555 Breakout and retest of previous resistance zone Longby saifpalla1
shree cementgiven a beautiful retest in fib 61 level ready to upmove within few days it will move to 29600Longby activeTradrAshu0
"Skyrocketing Success: The Rise of Shreecement"?Wait for the daily candle to close and retest. A beautiful head and shoulder pattern with and increase in volume. Plan of action - Entry after retest - 26890-27000 Target 1- 28100 Target 2- 29000. Disclaimer - education purpose.Longby Rockstar9831Updated 2
SHREE CEMENT, Gravestone Doji is formed at the top.After a swing of 18% now a Gravestone Doji candlestick pattern is formed on the top. The breakdown of 26,825 will open the lower levels. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.by ssvirdi2
SHREECEM, Weekly Chart Technical OutlookA strong bearish piercing candle formed in the compression zone. The candle gives a strong breakdown of the bands. Trend is negative with medium strength. The probability of down move of 7% is more than 60% Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. Shortby ssvirdi2
SHREECEM Analysis & Prediction in DTFThis is the analysis of SHREECEM in Daily Time Frame. Watch carefully. The chart explains itself. There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown. Always maintain your risk management. Book your profit according to your “STOMACH”. Disclaimer: This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade. Happy trading. About SHREECEM : Shree Cement Ltd. engages in the manufacturing of cement and cement-related products. The company's brand names include Shree Ultra, Bangur, and Rock Strong. The firm's products include: Ordinary Portland Cement, Portland Pozzolona Cement, Portland Slag Cement, and Composite Cement. The company was founded on October 25, 1979 and is headquartered in Kolkata, India. Longby suraranjanganguli2
Shree Cement lookin good for long above 24600Head and shoulder pattern in Shreecem, though Index is in full bearish mode Shreecem is consolidating and giving some momentum in day, one can plan longs in Shree cement above 24600 with swing low as SL.Longby VNagarjunaUpdated 3
Shree Cement looking slight bearish on weekly charts.Shree cement has been in a bearish move and a retest to 38.2% fib levels is also there on the weekly charts. The stock is trading around 25500 levels and the price action formation is looking bearish. Bearish engulfing candle and rejection from 20 ema adds on to the confluence. Though the markets are trading at ATH and chances are there of a profit booking. If the stock start trading below the support zone around 24400 levels, a shorting opportunity may be captured in the stock. The stock is trading near a high volume area. It is showing some selling happening around 26000 level. Entry can be made once the price start trading below 25400 with proper SL. Another entry for new trades can be made below the support zone. Targets are marked and can be achieved in 1-2 weeks after the entry triggers. Wait for the price action near the levels before entering the trade.by MambotradeUpdated 1
Shreecement : sell/short because Channel has Broken SHREECEMENT has broken a long weekly channel downward. So sell between 25000-24800 with Stoploss 25850 to get the target 21000. After a significant fall it will try to get into the channel means a pullback. if this pullback fails to enter into the channel above 25850 then 21000 will be very certain in coming weeks. Shortby maneeshaggarwalUpdated 2
SHREECEM : Re-entry intiatedSHREECEM has exhibited robust performance in the third quarter of FY24, bolstered by favorable market conditions despite ongoing fluctuations. Shareholding Pattern: Promoters maintain a significant stake of 62.55% as of December 2023. Institutional investors, including FIIs, DIIs, and Mutual Funds, collectively hold approximately 24.86% of shares, with no clear trend in their holdings. Retail investors hold 12.59% of shares, with strong hands dominating over retail holdings. Financial Insights: Despite mixed sentiments in financials, SHREECEM's third-quarter performance remains attractive. Declining cement prices since November, albeit an improvement of 3% compared to the same period last year. Modest demand in January due to severe cold, with anticipated rapid improvement in February and March, historically strong quarters for demand. Favorable industry-oriented budget supports optimistic demand growth outlook. Declining fuel prices, coupled with secured fuel reserves till March, have positively impacted results. Strong volume growth of 133% in the first 9 months of FY24, with an expected 11% growth for the full year, indicating potential demand weakness in Q4. Regional Performance: Southern region experiences the most significant impact on volume growth, while northern and eastern regions, including central India, exhibit resilience. Consistent demand growth across regions in the last quarter is expected to persist, with no major regional disparities anticipated. Despite market fluctuations, SH Cement demonstrates resilience and potential for growth, driven by strong operational performance, favorable budgetary policies, and consistent demand trends across regions. Investors may find SHCEM an attractive proposition amidst current market dynamics. Taking into account the potential upside and downside risks, a position has been initiated for approximately 1.25% of the net capital, anticipating a potential move of about 20% to the nearest inflection levels. However, it's acknowledged that there exists a downside risk of approximately 18% to the start of the higher timeframe ascending channel. I'll consider adding on to the position, if in case, the price falls down to those levels. Feel free to follow me for updates on my positions and market insights. Additionally, I welcome your feedback and opinions in the comments section below this post. Other posts related to this particular position and scrip, if any, will be attached underneath. Do check those out too. Disclaimer: The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It's essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It's important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations.Longby Sniper-Traders6
Shree cement support resistance ideastock is near buy zone... retesting the breakout level and possible upside of 17%-20% and downside SL shall be 5-10%. Good risk to reward trade.Longby Dheeraj_Swansi110
Shree CementShree cement looking good. Wait for ABOVE level weekly time. buy after above weekly candle close. please wait for weekly candle close. NOTE- Only for Education Purpose. Please Give A Like If You Like FOLLOW FOR MOREby MISSION_TRADING5
cement index -short made a composite of 9 cement stocks index shows a bearish inside bar correction of 5 to 7 % is imminent Shortby FrankzMDUpdated 2
SHREECEM- Cup n Handle breakout | 11% upside potentialSHREECEM has give cup n handle pattern breakout from previous resistance levels of 27000. Target: 30500 - 30800 SL: Daily candle close below 26950 Note: CnH is a upside trend continuation pattern. Hence it is indication on upward trend continuation and good for long on trailing basis.Longby skandha1986Updated 112
Buy Shree Cement Short Term Trading Advice by Goodluck Capital Buy Shree Cement (NSE:SHREECEM) Buy Range- 27250 - 27600 Target- 29220 - 29600 StopLoss- below 26580 Potential Return- 7-8% Approx trade duration 12 - 14 days Longby GoodluckCapital3
Shree Cement : Exciting Bullish Pattern Alert! 🐂📈 Exciting Bullish Pattern Alert! 🐂 📊 Pattern: Flag & Pole 📌 Symbol/Asset: SHREECEM 🔍 Description: Stock is in a different patterns. Stock should give breakout above 27400-27500 If stock is not able to cross the Resisstance then we can see correction till the support of 24200-24300. 👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. hashtag#cement hashtag#industry hashtag#money hashtag#stock hashtag#trading hashtag#investing hashtag#finance hashtag#realestate hashtag#nifty50 hashtag#stockmarketLongby FiveCircles2
SHREE CEMENT | BREAKOUTNSE:SHREECEM is at the verge of giving a Breakout, It has already given Breakout in Bollinger Squeeze. Targets:- T1- 28575.55 T2- 29242.00 T3- 30199.45 Longby LONGCLAWWW0
Shree Cement LongLong Shree Cement for good RR. Possible ascending triangle breakout above 24300.Educationby DhavalKesharia4