watch out for breakout or breakdown stock is consolidating in two rising trend lines
After consolidation .... rejecting the downside & Can go to the next resistance.
If breaks out today then should head toward 23500 levels ..
buy trade in shree cemfor 1:2.3 risk reward... since there was a downfall after which price started to rise again from line....this trade is good in terms of high risk and reward...even if we loose in this trade...we will only loose 2.3rd part of what we will gain ..if we gain from this trade
NSE: SHREECEM If Breaks Then The Targets could be Taken at 21080 Time Frame :- 1 Hour Patterns Name :- Inverse Head and Shoulders We are not responsible for any profit or loss Based on Your Own Risk this is only to Show you the Current Pattern Comment Below If You want to ask me questions on this on any other idea BTW Like and Follow if you like this awesome...
sell: shreecement Breakdown target :16925 Duration : 3 trading day
Vannakam makkale. Seems like Namma Shree Cement took support maximum 18300 to 18400 range good support ah irrukum. Let's see and can accumulate first 30% here but still crudeoil price surge short to mid term la issue ah irrukum but long term la pricing power to top companies vanthuruvanga. Any doubt and questions means kindly comment below. share with your...
🔴Fear of recession hits well known names in cement sector 🔴ShreeCem is available at deep discounts. (41% from ATH) 🔴Trading below prepandemic highs near the demand zone 🔴Good to buy in trenches at 19000/18000/17000 #LongTerm
notice the green candle coming right at the confluence of blue channel bottom, 78.6% fib.level and white trend line........
Entry price: 20376.85 SL - 18781.4 Target - 24267.25 Note: For Educational Purpose Only
📈 SHREE Cement 📉 My Findings :- 1. Breakout of Downtrending Trendline Zone. 2. Breakout from a swing high. 3. Close above Feb and March high. 4. Higher High and Higher Low formation. Bias- Long Target- 27528, 29533 and 31059 SL- 24565 RR- 1: 4 All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and...
Downward Channel Breakout. Company with Good Fundamentals. Keep on watchlist.
#SHREECEM #shreecement #swingtrade #positional Buy on daily Cl abv 26120 Tgt 28000/ 29480 / 30500 Stop Loss 24650 RiskReward - 1:1.2 / 1:2 / 1:3
From Oct. Shree cement was breaking out trend line but can't break and this is the time which you can enter in Shree cement for long term because there are 2 to 3 candle are giving breakout and target is upto you 🙂
shreecem in bullish mode, after channel break out. expected to hit the target as marked in the chart
Chart pattern and levels mentioned in chart. Follow strict risk management.
SHREE CEMENT Stock trading at its trendline, still BO not happen Also On daily chart formation of H&S, right Shoulder (Expected) If Stock continue to correct from this levels for H&S formation then buy at dips or if BO happens then wait for 25700 levels to Close and then buy for 5-7% upside move ---- Note: Above levels are for education purposes only Do your...