STARCEMENT trade ideas
STARCEMENT - Long Setup, Move is ON..NSE:STARCEMENT
✅ #STARCEMENT trading above Resistance of 132
✅ Next Resistance is at 171
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Cup and handle breakoutChart -> Star Cement Weekly
A good-looking cup and handle breakout with volume bar, on the chart!
CMP: 127
Good Range: 120 to 125
Target: 140, 152
SL: 118 Weekly Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
STARCEMENT
NSE:STARCEMENT
Buy Above 115
SL 108.5
Target 124/128
The Stock is Breaking out from small consolidation base pattern. Relative Strength is also forming higher highs and lows.
Disclaimer⚠️
•We are Not SEBI Registered
•We are not responsible for any profits or losses as this is Not a buy call and Just For EDUCATIONAL PURPOSES ONLY🗒️
Inverse Head and Shoulders Breakout at STARCEMENTInverse Head and Shoulders #Breakout at #STARCEMENT (Star Cement Ltd) Weekly Chart. Its #Outperformed #Nifty
BSE: 540575
NSE : STARCEMENT
What Is the Inverse Head and Shoulders?
An inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends.
This pattern is identified when the price action of a security meets the following characteristics: the price falls to a trough and then rises; the price falls below the former trough and then rises again; finally, the price falls again but not as far as the second trough. Once the final trough is made, the price heads upward, toward the resistance found near the top of the previous troughs.
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (TRUST YOURSELF)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #Chartanalysis #headandshoulders #doubletop #doublebottom #parallelchannel #relativestrength
DISCLAIMER: I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
Long STARCEMENT - Move is ON..NSE:STARCEMENT
✅ #STARCEMENT trading above Resistance of 117
✅ Current strength may push the price to next Resistance at 132
✅ Now trading at 52 weeks high which is a sign of strength
Related chart:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
STAR CEMENT: BULLISH SETUP NSE:STARCEMENT
Star cement is in a long downtrend and it has broken its resistance trend line and forming a horizontal resistance at 96.50.
A trend reversal is forming.
Entry above 97 for a swing trade
1st target should be 103 which is a swing high and if it crosses 103 then 112 should be 2nd target.
Hope you found this helpful.
Happy Trading!