LONG ABOVE 72 FOR TGTS OF 74 AND 77 SL 69
Bullish Engulfing Pattern with rising volume and positive divergence from oscillators.
IndiaCements Stock looks good after a 50% retracement from the recent rally. The stock could start going higher from current levels or retrace a little more till 61.8% fib levels and then going higher towards the target of 95 and 100. Keep a stoploss just below 75 levels. #indiacements #nifty50 #nseindia #bseindia
INDIA CEMENTS (India Cements Ltd) SELL BELOW 84
INDIA CEMENTS (India Cements Ltd) BUY ABOVE 85
Overall the medium term chart is still bearish having fallen from 220 to 70 levels but on short term charts it has made a good move near 80 rs One can buy it here with stops near 70 for targets of 90 rs in few days All will also depend on the small and mid cap movement in the market.
India cement Chart shows Descending Triangle, Back to back Lower Highs with support at 90. Multiple Tests will Break 90 and we should see 65-68 if the pattern works out. 65-68 zone is also Historical Horizontal Support area.
INDIA CEMENTS (India Cements Ltd) SELL BELOW 92.55
Bullish Bat - IndiaCem - 4Hr PRZ: 92.5-94 SL: 90 TGT: 96, 98 09-07-2019
Bullish Bat - IndiaCem - 4hr PRZ: 93-94 SL: 89 TGT: 97, 99.5 10-06-2019
INDIA CEMENT IS BULLISH AND A CUP & HANDLE SHAPE FORMATION IS OBSERVED ALONG THE TREND LINE. ONCE THE PRICE CLOSES ABOVE 107 THEN THE NEXT TARGETS ARE 108 AND 112. IN CASE OF A FAVOR IN THE BUDGET THEN 120 WILL BE THE HIGHER TARGET.
Buy India cement at cmp 96.70 sl 94 tgt 100- 102 Inverse H&S on 15 min chart with volume on right shoulder near breakout
buy above 117 target 1: see chart target 2: see chart stop loss: 111 This stock is showing bullish momentum, it could move up and touch its overhead resistance or even breakout too.