SHREDIGCEM
1) Time Frame - Monthly.
2) The Stock has been consolidating since August, 2021 and has given a breakout & Closed with strong bullish momentum & Huge volume in monthly time frame.
3) Next resistance will be around the price 142.
4) Recommendation - Strong Buy
📊 DETAILS
Sector: Cement
Mkt Cap: 1,365 cr
Shree Digvijay Cement Company Ltd is primarily engaged in the business of manufacture and sale of cement.
TTM PE : 23.03 (High PE)
Sector PE : 54.99
Beta : 0.62
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good...
BUY - SHREE DIGVIJAY CEMENT
CMP - Rs. 78
Target - 1: Rs. 97
Target - 2: Rs. 120
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Timeframe: 9 months - 1 year
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Technicals - Bullish Triangle Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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SHREE DIGVIJAY CEMENT
CMP : 82
DISCLAIMER - We are not a SEBI Registered Advisors. This channel is purely for Educational purposes only. We will not be responsible for your profit and loss.
This small cap stock has great potential. Forming a flag and pole on a monthly chart. Considering this is forming on monthly chart, the probability of moving towards 125-150 levels is very high post the breakout. 65-75 is a base for this stock now. Volumes in daily chart are also encouraging.
We had found a similar chart on Gold some months back when it was...
SHREDIGCEM breaks out from symmetrical triangle pattern on high volumes on 1D timeframe. It is apparently retesting its trendline. Enter after bullish confirmation. It has favourable Risk Reward Ratio.
Shree Digvijay Cement Company Ltd:-
FUNDAMENTAL ANALYSIS:-
It was established on 06 Nov 1949 at sikka and is primarily engaged in the business of manufacture and sale of cement. It sells cement under its established brand 'Kamal Cement'. Sector - Cement & Construction Materials.
Positive:-
1. Limestone Availability - Limestone was a major cause of...
Cement Sector Looking strong.
Breakout from downward trend and strong bounce from support.
Target : 95
SL : 78 WCB
Only for educational purpose. Not a recommendation.
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Blood Bath in Stocks- What to do. I discussed what i have done and in the end a small strategy to control your risk and increase profit when there is sudden fall.
