Shree Cement - Breakout PossibilityShree Cement :
Looks Good for Resistance Breakout
Long above 29600 with SL 29000
SHREECEM trade ideas
Swing Opportunity in Shree CementGo Long above 28580.1, for Targets of 29997.4 and 31414.7 with SL 27162.8
Reasons to go Long :
1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.5 Fibonacci level.
2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.5 Fibonacci level.
3. In addition to this the stock is about to give a Trendline breakout.
GO FOR LONG SHREE CEMENTIt's symmetrical triangle in shree cement.
the people who wants to invest in stock for good returns buy this stock for positional trades.
if daily candle close above 29000 Than buy it.
and if stock come down for pull back after reversal confirmation buy more quantity for 28000
target 30000,31000 and more.
stoploss = 27000
if agree please like and follow us for more updates.
MOVEMENTUM ONLY ABOVE 29000IF YOU WANT TO PLAY SAFE WAIT FOR IT TO BREAK 29000 AND ONE MORE GREEN CANDLE AFTER THAT.
AGGRESSIVE ENTERIES ARE WELCOME ANYTIME B/W 27000-29000
Shree Cement Ltd Long 01 Share @ Rs 27,000 or belowEntry 27,000 OR below
Target 29,500
SL 26,480
Qty: 01 Share
Time: 2-3 Week
Shree Cement is moving towards demand zone. Script is uptrend on weekly basis. Buy 01 Share and hold for two weeks.
Disclaimer: author may enter in trade, take your own decision , This is an trading idea not an trading or Investment advice
NSE:SHREECEM
Head and Shoulder HnS patter on Daily TF
Good setup for options trade as one Can short or wait for 27450 with aggressive SL 27640 and conservative SL 27790
Shree Cement "H&S" PatternStock has formed a H&S Pattern and the right should is near to the neckline. IF it breaks, good below 26,100.
shree cem looking for short oppertunityshree cem is going downside , with increase in volume and forming lower high ..this might be change in the trend
#SHREECEM .. 25% upside in next 2 monthsAll details of analysis are on the chart..
MACD and RSI are at great levels too for both daily and weekly timeframes..
the superimposition method is just a way to estimate the timeframe of price movement and is not indicative of how the actual price movement may happen.. Be Aware of that..Also, timeframe of trade will be less or more than my estimate.. I don't know the future, it is an educated guess
Shree Cements - INTRADAY ViewShree Cement : INTRADAY
Can Breakdown
Short below 27435 with SL 27550
Can Reach 27250, 27120
Shree Cements - LongDouble Bottom breakout + low volume neckline retest.
Looks good to long above 28900.
trade set up for next weekshree cement looks gud on chart
before investing in stock please consult ur advisory
its my view
Shree Cement - Resistance Breakout PossibilityShree Cement :
Looks Good for Resistance Breakout
Long above 29600 with SL 29000
SHREE CEMENT LTD BULLISHShree Cement daily chart shows a good bullishness to continue as the chart is showing uptrend in the stock.
So one can buy at cmp 28078 or on dips upto 27700 for the targets 29155 / 30655 / 31990 plus with a strict sl of 26150 for a short to medium term trade.
All charts posted here are only for EDUCATIONAL PURPOSE.
Before entering into any Trade / Investment Position kindly consult your Financial Advisor.
