INC05 trade ideas
India CementIndia Cement respect the trend line now. There is high chance that it will move uptrend.
Long IndiacemIndiacem chart is looking good as trading above 200 EMA and trading above long term support trendline zone
India Cements - Wait for 230 levelsRounding Bottom Structure in Place
Wait for the weekly close above 230
Huge Breakout in India Cement....Buy & Hold Huge Breakout In India Cement... Buy & Hold Mid-Long Term...
Buy Between - 225-235... Target 280-300
Sl - 195 CMP - 230
Educational Price Action AnalysisGiving a price BO from a congestion zone and crossing previous day high generally gives an impulse move.. It may be possible in India Cement.. also it would be Cup and Handle BO
Multi year breakoutThe stock is closing on multi year b/0 level. Caution here is , it failed to break the levels last time around. so maintaining SL is important.
Disclaimer: not a reco
India CementsTRENDLINE
1)Wait for the Trendline breakout to take entry
2)The expected breakout is upperside
3)Targets have been marked in chart
note: ** trade should be taken only after the breakout **
Multibagger: Indicament getting ready for 330 and 460 levelsAll levels on chart.
T1: 330
T2: 460
SL : 150 Closing basis.
INDIA CEMENTSDISCLOSURE
This is only for educational purpose
This is not a recommendation
I am not SEBI registered
Do not TRADE/INVEST basis what I publish here
I am not responsible for your loss or gain
It is prudent to assume that I have ulterior motives in publishing this Idea
I and my clients might or might not have a position, I and my clients might or might not have a opposite position
India Cements Long Term BetWeekly and monthly RSI showing strength
Cement sector is also looking good
above 225 multiyear breakout
if breakout and sustain above 225 then may test 300
Target 260-300-350
SL Below 180 Closing
Duration 1-2 Years
Indiacem LongIndiacem Long (12 Oct)
Stock is struggling at 198-200
Buy above- 200 (on closing basis)
SL-186
Target- 215, 228, 242
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
India Cements on verge of breakout...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
#INDIACEMWait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
India Cements Potential Break OutIndia Cements on a weekly and daily chart is above 50EMA and 20EMA, India Cements has strong resistance at 218, if BO happens at 218 that will be 3 Year High Price.
Entry : 202
SL - 5-10%
Exit / Next Tranche: 218
