Heidelberg - a good bet from the cement spaceCement Stocks have been trending since the start of 2019. I have done a comparative analysis of the whole sector. Heidelberg and ACC stand out in the group. According to Price point analysis, Heidelberg is currently out performing its peers from the same Mcap category Heidelberg Rain Ind Birla Corp Prism Johnson Star Cement If Heidelberg continues to maintain the profit margins and accelerate its growth, it can turn out to be a good buy. Fundamentally and Technically, its in a favorable spot.Longby InfinityCapital0
Heidelberg CementTrading in box range (201-214) after VCP BO. Can be bought at 201 with a small SL of eod close < 194 and at close>215 with >avg volumeLongby sourabhjain130
#HEIDELBERGWeekly chart: Long tailed reversal TGC CCI(M)> 100 Support near 38.2 fibo values Weekly candle with H> 180.90 and C > 180.10 with strength will confirm further upmove by krishnakhannaUpdated 0
#HEIDELBERGTGC CCI(M)> 100 Support near 38.2 fibo values Monthly candle with H> 192 and C > 184.35 with strength will confirm further upmove by krishnakhannaUpdated 0
#HEIDELBERGDaily chart: BO12 formed (bottom is confirmed TGC with Strength CCI(W/M)> 100 Support from EMA 55 by krishnakhanna0
HeidelbergHeidelberg Cement - Such a clean box strength break out with a recent retest! A new strong trend emerging on the horizon!Longby Jeet240
ConsolidatingSupport is at 153, has to cross 163 for turning bullish. If it crosses 163 on closing basis intermediate term target will be 194by sabyasachi_nath1
#HEIDELBERG#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 130Longby krishnakhanna2
Heidelbergcement - Investment stock in Symmetrical TriangleScrip 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 highs post breakout this time after Bearish divergence pullback to enter at appropriate price levels. Noticing the current price action, The scrip could be pulled back. Would plan to buy on dips near support levels aiming for long term investment purposes. Pros: 1) Borrowings (debt) coming down drastically with no stocks pledged with interest costs going down 2) Stellar Q4 results posted with drastic increase in YoY PAT, EBIDTA margins: www.indiainfoline.com 3) Dividend paying company 4) Attractive valuation in comparison with peers. Would prefer to allocate my capital to this company from Sanghi Industries which didnt post good results. Sanghi industries could manage to increase their income from other sources which isnt sustainable Technical factors given in chart.. Cons: 1) P/E on higher side: 29.69 2) Price to book value: 3.05 although P/S appear to be fine 3) Return on equity: 8.18% 4) The company has delivered a poor growth of 11.69% over past five years. although I expect the growth sales to increase in coming quarters with company volume growth being driven by pickup in construction activities in most parts of central India (especially in Uttar Pradesh) with better availability of construction materials in most parts of Central India. This Small Cap stock with Good quality and Attractive valuation looks Positive for Long TermLongby amankaviUpdated 3
#HEIDELBERGCCI>100 on D W M charts Volume Surge Target 190 / 240 SL 120 Accumulation 13 months Momentum 13/3 = 4-5 monthsLongby krishnakhannaUpdated 225
#HEIDELBERGTarget 187 SL: 152.70 Good R:R CCI(W/M)>100 CCI(D) on the verge on >100 TGC is true with strength candleLongby krishnakhannaUpdated 2
HEIDELBERG BUY setupBuy HEIDELBERG above 122 T1: 131 T2: 140 T3: 150 T4: 168 SL: 108Longby k314Updated 9914
HEIDELBERGHeidelberg in strong support zone, with Bullish Bat. Small SL:- Close below 122 Target 130/133/140Longby Singh_SiddzUpdated 113
Heidelberg Cement in Upward ChannelHeidelberg 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.Longby abhilashp296222
Breakout 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 thatLongby Fiscasset3
Its raining Double bottom's - Heidelberg cementAfter 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 tomorrow. Target price : 139 Stop loss : 112Longby wildwildmoneyUpdated 114