It can go up Monthly RSI> 60.
As we See in previous posts when RSI crossed above 60 then it go up minimum 20 percentage Max we can't say
ORIENTCEM trade ideas
5 examples on Breakout vs Fakeout and Ideas for 3 Oct I make educational content videos for swing / positional trading
Orient Cement Open for 360-390-450+Orient Cement Open for 360-390-450+
50% Retracement of last upmove at 275-280
Base formation at 275-280
Strong upmove seen in last 2 days
Possible up move in Orient CementThere was a good up move after rounding bottom and with a slight pullback till the neckline, the stock seems to be moving up. One can buy with a target of 392
short term trading opportunity in Orient Cement for > 20% upsideHi,
RANASUG
has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
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Disclaimer: Please consult your financial advisor before making any investment decision.
ORIENTCEM, I am BullishI expect a target in zone of 410-430
keeping SL below 210 and timeframe of 2 years.
ORIENTCEM bullish; above 339 ? - Monday 29-July.ORIENTCEM: ATH (@339) breakout and Spike in daily volumes
The above information does not constitute investment/trading recommendation and it is purely for educational purpose....
INTRADAY Trading Strategy in 3 stages of breakouts:
1) Impulse upmove stage: The strong upmove (nearly upto 1.5% from trigger-price) happens within five minutes. "High Risk Traders" buy on breakouts in hope of continuation of upmove. "High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk:High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage"). "Safe traders" with minimum risk profile wait for a breakout from the consolidation stage to enter into trade , to book high profits in the final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.(another 2-3%)
Both Safe Traders/High Risk Traders book profits at this stage
SWING Trading Strategy:
Position is kept open, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
The above information do not constitute, financial, investment, trading, or other types of advice or recommendation. It is purely for educational purpose....
ORIENT CEMENT (D)Key takeaways -
1. The stock after breaking its resistance, accumulated for a few days above its resistance.
2. A strong breakout candle with good volume was seen today making it a flag and pole pattern
breakout.
3. Potential targets can be the length of the pole i.e. around 455.
Disclaimer- This is only for study purposes and not a buy recommendation.
Orient Cem : Flag Pole Orient Cem :
Flag Pole breakout in progress
Stay Long only above 336 with support at 318
Orient Cement - Trendline Breakout Orient cement trendline breakout . This is not a recommendation for buy and sell. just for my study purpose.
orient cementorient cement "monthly" Inverted Head And Shoulder Pattern ,
*first target is achieve
*second target is 435
*third target is 900
daily time frame rounding bottom pattern bye and hold
ORIENT CEMENT - Fast Momentum can be expectedPrice analysis & Overview:
1. Liquidity taken from the demand zone.
2. Bouncing from EMA.
3. Good volumes.
4. RRR is favourable.
Trade Plan:
1. ENTRY = Will be best 255, as it is already moved away from entry currently.
2. SL = !0%
3. TP = 1:2,1:3
- Stay tuned for further insights, updates and trade safely!
- These are my personal views.
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
ORIENT CEMENTORIENT CEMENT just made a W pattern on RSI and some big acceleration is on the way for the target of 296-373-430-480-545
NOTE: I'm not a SEBI REG. Study before investing.
Strong Bullish signals on weekly chart1. The stock gave a strong bounce from the weekly trendline.
2. It retested the support zone and bounced back with a strong candle.
3. Additionally, the stock provided a strong short-term trendline breakout.
4. Also the stock retested the multi year breakout levels.
All these signals occurring simultaneously can indicate a strong bullish momentum.
Short Term Swing Stock Pick: Orient CementShort Term Swing Stock Pick: Orient Cement
Orient cement has successfully reversed from a 9 year high breakout zone and bottomed out.
Also, the stock has made breakout of a trendline resistance marking the end of a correction phase. The Stock is up over 7.8% in Intraday and can be good pick for short-term swing trade.✅✅
Entry: 223✅✅
SL: 212❌❌
TGT 1: 245.10📈📈
TGT 2: 286📈📈
Note: Make sure to research on your own before executing a swing trade.
Orient Cement Stock Looking Good For Swing TradingOrient Cement is Looking good for swing trading. The weekly chart has witnessed the formation of a strong candlestick after retesting the previous breakout zone.
the weekly volume bar is also significantly higher than the previous several weeks volume received.
Entry Price: 229.0✅✅
sl: 185❌❌
TGT: 286 (Swing Trading)🔥🔥
TGT: 344 (Positional Trading)🎯🎯
Note: Do your own analysis before Investing.
Just A View - ORIENTCEM📊 Script: ORIENTCEM
📊 Sector: Cement
📊 Industry: Cement - South India
Key highlights: 💡⚡
📈 Script has taken support at 195 level and started moving upward we may see 229 level.
📈 MACD is giving Crossover
⏱️ C.M.P 📑💰- 213
🟢 Target 🎯🏆 - 229
⚠️ Stoploss ☠️🚫 - 205
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Orient Cement Ltd - On Radar #ORIENTCEM
CMP ₹.251/-
Date : 31-12-23
Orient Cement Ltd engaged in the manufacturing and sales of cement . Technically looking good in charts which is self explanatory. Tending to break it's 3+ year long trend line. Have support at its 1 year long resistance trend line which has been already broken out.
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly .
ORIENTCEM - Multiyear BO retest stock - In the watch listORIENTCEM - Multiyear BO retest stock - In the watch list.
Retesting BO zone, wait for reversal and can go with Low Risk entry.
This is not a buy sell reccomdation. This is for my learning and recording purpose.
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ORIENT CEMENT GOOD LONG TRADE HEREORIENT CEMENT 260 is sustaining multi year breakout above 220 mark. Use dips till 230 for 320 range first. Using FIBONACCI extension method to come up with the target. Invalid below 215 on weekly closing basis
Orient Cement : Swing Trade / Short term (1-3 months)#orientcem #patterntrading #insidebar #insidecandle #inverseheadandshoulderpattern
Orient Cement : Swing Trade / Short term (1-3 months)
>> Good Trending Stock Setup
>> Good Inverse Head & Shoulder Breakout
>> Inside bar Formation after Breakout
>> Good Strength in stock
Swing Traders can lock 10% profit & keep trailing
Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
