HEIDELBERGCEMENT I NSE:​HEIDELBERG

CCI Mapping with the stock price

Heidelberg Cement - Such a clean box strength break out with a recent retest! A new strong trend emerging on the horizon!

Buy @ 146 SL 142 T1 155

Support is at 153, has to cross 163 for turning bullish. If it crosses 163 on closing basis intermediate term target will be 194

#BoxBO Simultaneous W/M crossing > 100 Reversal Confirmation on D/W/M CCI crosses 100 on W and M Bottom is confirmed Target 190 / 204 / 226.95 Duration 1.5 - 2 months SL 130

heading north

Scrip price action can be seen in symmetrical triangle with lower highs and higher lows. However, the pattern still remains to be connected when the lines converge as they are extended and the symmetrical triangle takes shape. We can always think of it as a contracting wedge, wide at the beginning and narrowing over time. Expecting the scrip to surpass 52-week...

Target 187 SL: 152.70 Good R:R CCI(W/M)>100 CCI(D) on the verge on >100 TGC is true with strength candle

CCI>100 on D W M charts Volume Surge Target 190 / 240 SL 120 Accumulation 13 months Momentum 13/3 = 4-5 months

Buy HEIDELBERG above 122 T1: 131 T2: 140 T3: 150 T4: 168 SL: 108

Heidelberg in strong support zone, with Bullish Bat. Small SL:- Close below 122 Target 130/133/140

Heidelberg cement entered upward channel in early March and is respecting it since then. Today it bounced back from the channel bottom. I feel the short term target can be 133 on the safer side which is a small resistance. A close below 125 can be exit criteria.

Stock closes above 200 sma..rsi crossed above 60.....adx also gives buy signal..so bulls r dominating.... Buy above that massive ressistance 124 sl 116.5 here is no target...we will trail our stoploss i will update that

After Nifty and Titan completing successful double bottom's as per my earlier post's , it seems to be Heidelberg Cement's turn to follow suit. Perfect double bottom pattern formation although still not confirmed on closing basis. It made a high above the peak of 123.45 . RSI & MACD both showing postive divergence on daily charts make this stock to be put on radar...