INDIACEM - Breaks out on the downside from the Ascending Channel. Shorting at 189 with a stop-loss of 194. First target 173, second target 165.
One can short INDIA Cement for the target zone indicated.
I think charts are enough to understand the direction... :D Previously, whenever this stock has given Breakout or Breakdown from a range it has given a big move... Based on, Breakout targets are 225/230/235/240+ SL will be 215 Note: Do your own study before making any position... Please Like, Follow and Comment your views below...
Stock remains in nice uptrend, can initiate long in July futures if breaks above 52W highs (226-27). Pls keep trailing SL accordingly to take advantage of the momentum
INDIA Cement SHORT from 216 for target of 167
The stock closed strong Near its highest high, I am looking to go long for short term holding with stop of 205 for Target of 250 in Week time Regards
I am looking to Go short on CMP with stop of 210 for Target of 200 Regards
strong support at 203 .so price will move once again in this range. swing low as Stop Loss 202 . and risk reward ratio 2:1.
I am looking to enter CMP with stop 219 for Target 225 Regards
Penenat breakout in a bullish trend is observed on daily charts. Longs can be initiated with a immediate target of 233(1 week). SL 214. Disclaimer:I am a novice at charting and this chart is purely for educational purpose. Views and opinions are welcome
Consolidation break out and positive trend after that again formation of consolidation region. we should wait for the conformation either upward or down but most probable chances of upward break out....
Indiacem will give long breakout abv 214. Abv 214 it can go to level 218.90 with sl 210.90
Buy above 212 with the stoploss of 209. Targets are 215, 217 and 220. Sell below 209 with the stoploss of 212. Targets are 206, 203 and 201. Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for May 4th 2017 only. Analysis based on Dow tenet "Lines indicate movement" and RSI.
Buy above 204 with the stoploss of 201.5. Targets are 206,208, 210 and 213. Sell below 201.5 with the stoploss of 204. Targets are 200, 198 and 196. Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for 26th April 2017 only. Analysis is based on Dow tenet "Lines indicate movement" and RSI.