Head and shoulder pattern in Shreecem, though Index is in full bearish mode Shreecem is consolidating and giving some momentum in day, one can plan longs in Shree cement above 24600 with swing low as SL.
Shree cement has been in a bearish move and a retest to 38.2% fib levels is also there on the weekly charts. The stock is trading around 25500 levels and the price action formation is looking bearish. Bearish engulfing candle and rejection from 20 ema adds on to the confluence. Though the markets are trading at ATH and chances are there of a profit...
SHREECEMENT has broken a long weekly channel downward. So sell between 25000-24800 with Stoploss 25850 to get the target 21000. After a significant fall it will try to get into the channel means a pullback. if this pullback fails to enter into the channel above 25850 then 21000 will be very certain in coming weeks.
SHREECEM has exhibited robust performance in the third quarter of FY24, bolstered by favorable market conditions despite ongoing fluctuations. Shareholding Pattern: Promoters maintain a significant stake of 62.55% as of December 2023. Institutional investors, including FIIs, DIIs, and Mutual Funds, collectively hold approximately 24.86% of shares, with no...
stock is near buy zone... retesting the breakout level and possible upside of 17%-20% and downside SL shall be 5-10%. Good risk to reward trade.
Shree cement looking good. Wait for ABOVE level weekly time. buy after above weekly candle close. please wait for weekly candle close. NOTE- Only for Education Purpose. Please Give A Like If You Like FOLLOW FOR MORE
made a composite of 9 cement stocks index shows a bearish inside bar correction of 5 to 7 % is imminent
SHREECEM has give cup n handle pattern breakout from previous resistance levels of 27000. Target: 30500 - 30800 SL: Daily candle close below 26950 Note: CnH is a upside trend continuation pattern. Hence it is indication on upward trend continuation and good for long on trailing basis.
Short Term Trading Advice by Goodluck Capital Buy Shree Cement (NSE:SHREECEM) Buy Range- 27250 - 27600 Target- 29220 - 29600 StopLoss- below 26580 Potential Return- 7-8% Approx trade duration 12 - 14 days
Entry 27150 Stoploss 27000 1st Target 27400 2nd Target 27500 Always put stoploss
📈 Exciting Bullish Pattern Alert! 🐂 📊 Pattern: Flag & Pole 📌 Symbol/Asset: SHREECEM 🔍 Description: Stock is in a different patterns. Stock should give breakout above 27400-27500 If stock is not able to cross the Resisstance then we can see correction till the support of 24200-24300. 👉 Disclosure: We are not SEBI registered analysts, this is not a buy or...
NSE:SHREECEM is at the verge of giving a Breakout, It has already given Breakout in Bollinger Squeeze. Targets:- T1- 28575.55 T2- 29242.00 T3- 30199.45
Reason for long a) Monthly Mr.14 set up b) price and volume spurt at support c) weekly breakout d) super trend breakout e) super vwap set up f) consolidation breakout possible for upside SL compulsory Summary result of previous post 8200 to 8300 = 70% win rate ; still active 8% sl hit : 23% 8300 to 8400 = 56% win rate ; still active 19% sl hit : 22% 8400 to 8500...
Long Shree Cement for good RR. Possible ascending triangle breakout above 24300.
Shree cement is ready for big breakout abv 25600 Investment pick with today low sl option buyers can try with 26000ce August series
buy place shreecements 22850 with stoploss of 22500 for target of 23850. stoploss you can keep 15minutes candle closing basis
Looks like shree cements is moving towards 20400, lets see what happens
stock is in a consolidation phase in 2hr TF, the target will be the 25098 SL should be 24011, it showing well strength in buying