INDIACEM trade ideas
Breakout from Triangle Pattern, Go Long in India CementIndia Cements has given breakout from triangle pattern on daily chart.
Volumes were 3X on the day of breakout. Continuation of breakout seen today
Try to go long in India cements between 125-127 for targets of 135-138 and SL at 122.75.
India cement to take long entryTake long trading above support level with +ve candle. if able to break TL then it will confirm to take long entry. Entry above 119 TGT 131-135 SL 114. Good risk to reward. This is for your educational purpose only.
India cementIndia cement IN THE FORMATION OF INV H&S ...LEFT SHOULDER FORMATION AND THAN MA BE CONSOLIDATION FOR SOME TIME ONCE IT COMPLETES ITS PATTERN ...THAN A NEW UPTREND WILL START....EVEN CHK THE VOLUME PATTERN
INDIACEM | Sort of Wedge & Flag (Weekly) patternsINDIACEM | Sort of Wedge & Flag (Weekly) patterns.
-20% potential is there upside.
-Risk reward is good before the breakout.
-Taking good trendline support
-1:4 risk reward setup
CMP : 118 (Good buy upto 115)
SL : 110
Target : 140
#INDIACEM WEEKLY CHART VIEW#INDIACEM WEEKLY CHART VIEW
The India Cements Ltd. is trading right above the weekly support zone and likely to stay positive until it stays above 110-112 zone.
Likely to see short term consolidation in 110-125 zone and breakout only above 127 on daily closing basis .
Technical parameters looks neutral to positive as of now.
Keep a watch.
Pennant pattern in INDIACEMPennant pattern formation in INDIACEM. Look for breakout and take trade accordingly
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
This stock can double in a year. Will fill your bank with ₹₹₹₹₹India cements first target of ₹200 with a stop at ₹82.
Bullish Monthly Presence in IndiacementsIf the price moves above 125 with good volume, this trade might give good returns in a long position.
INDIA CEMENTINDIA CEMENT formed beautiful continuation pattern & close above the neckline oh INHS pattern.
Volume looks bullish.
Levels mentioned on chart.
Given targets seems achievable.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk.
"Trade what you see, Not what You Think"
Happy Trading(:)
indiacem cup & handle formationindiacem has given breakout from C&H formation neckline 120.5 could be stop and near trm tgt could be 125
Indiancem ! Go long ! A stock has power of making higher high.
Currently trading in good bullish pattern.
Buy from cmp add on dips funda...
& Forget it.
Do your own analysis before any trade.
Educational purpose only.
India Cement share on bullish mode.share of india cement on daily chart is in momentum & try for the BO level of resist.zone , Can take long entry above the price of 118 for the next target level of 125-130. SL level is 109. RSI is also showing +VE divergence . Volume of the stock is also good. So add the stock in your watch list to see the price action movement .
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
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India Cement entered in very strong buying zoneIndia Cement has entered in very strong buying zone, one can go long at current level with target of 125 within a day or 2.
