BEARISH BUTTERFLY and currently at SUPPORT level in SHREECEM One can take entry at current level - 19100- 19050 TARGET 1- 18658 TARGET 2- 18203 STOPLOSS AT the high of previous day candle - 19433
Shree cements SHREE CEMENTS if closes above 19000 , will test previous highs . Took a support from 200 DMA , retraced from 50% Fibonacci levels , and is facing resistance at 0.236 fibonacci levels .
bearish engulfing pattern there and bearish divergence there and short the stock!!!!!!!!!!!!!!!!!!
Potential Bullish Cypher Pattern is forming. Long Entry @ 16462 Target @ 17227 SL @ 15964