SHREECEM trade ideas
Shree Cements Ltd at important supply zone in weekly chartShree Cements is at very important supply zone in weekly charts. Volumes are good and it can give a breakout above the supply zone.
Shree Cements - Harmonic Bat Pattern - LongShree Cements has Harmonic Bat Pattern at 1hr chart.
Script will be retrace from 18300 .
Long can be credited once the stock reaches 18300.
SL - 18000
Target 1 - 19000
Target 2 - 19500
Target 3 - 20100
Disclaimer: Kindly do your own analysis before executing the trade
Shree Cement Buy LongtermShree cement declared good results.I am on Buy side for long term despite of weak markets.
SHREE CEMENT. rally overSHREE CEMENT has more likely formed a top for a long time to come
clear negativ divergence and any break below the channel at the top which looks like distrubution is going to correct bigg.
SHREE CEMENT LOOKS BULLISH WITH A PENNANT FORMATION THE CEMENT SECTOR BEING ON THE BUYING SIDE, SHREE CEMENT HAS A BULLISH UPMOVE IN THE 4 HOURLY CHARTS WITH TARGETS OF 2000 POINTS UPSIDE IN A WEEK TIME.
[Positional] Shree Cement Harmonic PatternI didn't wasted time to perfect the fibonacci ratios in drawing but it is conforming to 0.861. I will not keep any stop loss. Will update once exited.
SHR CEMENTAfter declining from a Bearish Harmonic Gartley in Daily Time Frame it is consolidating and attempting a pullback. In Hourly Time frame its completing its triangle corrective and is now at good support of 20400-20300. If it sustains above 20100 then it can retest 21000
[Range Breakout] SHREECEMBuy above 20405.5, SL 20239.85, Target 20736
Sell below 20239.85, SL 20405.5, Target 19908.55
SHREE CEMENTS - CONVINCING SELLFor a stop loss of 20704 Sree cements looks a convincing sell.
Target on down side would 19100.
#ShreeCEM #NR7IB H=20540 L=20260#ShreeCEM notices #NR7IB pattern on daily scale. Stock is in bullish trend and trading above all moving averages. RSI, ADX, EFI, ADX all suggesting bullishness. However last 3 candles suggests exhaustion and stock is noticing price rejection at higher levels near its supply zone of 20475-20600. One can wait for a range breakout beyond H=20540 L=20260 and take the trade in the direction of trend with R:R 1:2.
Shree Cements LimitedShree Cements Limited -
CLOSE ABOVE 18574 , CAN TOUCH - 18771, 19000, 19205, 19500.
Shreecem at a Crucial ResistancePrice trading below trendline support and nearing a supply zone. Any bearish candlestick pattern will confirm the reversal.
[Intraday] Shree Cements Entropy TradeAs per the charts.
This is a special case of momentum.
Do not take this trade as it is illiquid as well as Europe shot up. This is just for a reference for a discussion.
