SHREECEM trade ideas
SHREE CEMENTSWatchlist
There can be another tier to the channel. However, that seems unlikely.
The prices can bounce off the support after the breakout and reverse strongly in the other direction.
Wait and Watch
COMA ( Combined Orderly Moving Average ) Friends whenever you want to trade Moving average system trading , One thing you must follow is an method called COMA that means
" Combined Orderly Moving Average " this basically help you to identify choppy and side ways market and trending market
during side ways market price moves in range where people trade it as trading in Zone system , Most retail and day traders trade it as support & Resistance
if you are looking for trending move where you will keep making money as long as you have confirmation and Trailing stop to keep your profits growing
this method is used in Wall street , and its called COMA , Most of wall street Professional like to trade trending market , they just pause or trade less in Choppy market
having an Experience as wall street Professional today i am providing you little called COMA + Trend line
Yes this method is money making method and Most Options sellers you this Method in Wall street , its simple method to understand
i will try my best to explain here in writing if you do not understand bear with me I will post after Oct 05 a video explanation
What is COMA ?
A COMA is a where all the selected moving average are in orderly manner the represent their placement in orderly manner
when all the 3 Moving average are in orderly manner the Market is in trending ,
that means any reversal at or near one of the moving average buy or sell set up
in buy set up and lowest low is stop loss , also one can use value of middle moving average as trailing stop or can book voluntary once it close below the
top moving average
in sell set up the price has to breach top moving average and then reverse which is considered as sell set up
the trend line placing exactly below the Lowest low or highest high moving average will help you to understand where the market is heading
i have posting some call out in the charts , Hope you will try to understand it
tats all friends Good luck
[PRZ] Shreecem Long TradeLong Trade
Entry Range: 18607.6 - 18533
SL: 18000
Target: 19140,19561,20036
SHREE CEMENT SWING TRADE (BUY)Shree Cement Reversal Point - 21478
Stop Loss - Exit if Day closing below 21103
Target - 21853
S/R levels to watch for breakoutNSE:SHREECEM
Watch the support - resistance levels for break out and take positions accordingly.
All opinions and ideas mentioned are for educational purposes only. Trade at your own risk.
SHREE CEMENTS TRENDLINE BO LOOKING GOOD ABOVE 22200shree cements trading at its tendline and holding the 22000 level comfortably, swing buy can be initiated above 22200.
Bought SHREECEMENT --- 4 hrs Chart Analysis 1. A clear support zone
2. go long @ 21455
3.keep eye on comment box regularly
SHREECEM ASCENDING TRIANGLETRADE THE BREAKOUT!! SEE THE POWER OF PRICE ACTION IN THE COMING DAYS
Beware : Please keep in mind and stay away from False Breakout Traps.
Also this is not any recommendation, it is only for educational purpose.
Trade at your own risk.
Shorting position in Shree CementClear breakdown on long chart trend line . Potential targets are given on chart. Divergence is supporting it.
SHREECEM - S/R ZonesRefer to the S/R areas & prices move within the S/R zones
Dark Green - 1M
Dark Pink - 1W
Bright Green - 1D
Dark Red - 75M
GO FOR LONG SHREE CEMENT........FALLING WEDGE PATTERNBUY ABOVE 22810 APPROX.
T1=23000
T2= 23200
STOPLOSS = 22490
PLEASE LIKE IF AGREE AND SHARE WITH FRIENDS ALSO.......
HAPPY TRADING......
Shree Cement Ltd.- Rising Wedge Breakout ??Shree Cement Ltd.
The stock is trading in a narrow range and has formed a rising wedge pattern.
RSI is taking support from 60-level and is neutral to bullish.
TT2 Daily & Weekly are Bullish.
If the price trades above the narrow range 23140, a breakout is expected. Nearby resistance zone is 25000-25200 and the support is 21600 on the daily chart.
KEEP AN EYE!!
***this is my personal view. Please take advice from your financial advisor before investing.
