INDIA 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 has given breakout from C&H formation neckline 120.5 could be stop and near trm tgt could be 125
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.
Wait for the breakout. Mentioned in the chart.
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...
India Cement has entered in very strong buying zone, one can go long at current level with target of 125 within a day or 2.
Stock is taking a good support of the resistance turned support zone. A good upmove with a spike in volume will confirm the dominance of bulls over bears. If RSI remains over 40 levels momentum will be in the hands of buyers thus a good upside potential. But let's wait for the volume confirmation and we'd be good to go keeping a bias towards upside. Strong...
This Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
Though R.Damani has picked up a stake... but chart pattern is depicting another story. It may take a few months more to develop into the full structure. So if considering long term, please be on a cautious note till the pattern negates. Head & Shoulder in the making!
Classical TFT Buy set up that we cover in our EW course.
Looks complex correction. Let us see what happens?
The chart looks bullish, after a strong up move some consolidation near previous highs. Observe volumes - High during buying, Low during selling. Increased stake by Radha Krishna Damani Ji
After recent rally in India Cement, there could be possible trend reversal. Please refer attached snapshot of my analysis for reference.
All details available on chart. DO CORRECT ME IF SOMETHING'S WRONG!!
India Cements The stock is trading right above the breakout area and presently is consolidating in a range. On the downside, 120-125 likely to act as crucial support for the stock. Likely to see further strength above swing high of 140 level. Even though the technical parameters look positive as of now; MSI has given a reversal signal. Wait for...
Keep a eye on this . Could see a breakout soon. I will update the stop loss and target once breakout is done.