STARCEMENT dont enter wait for resistance break up
Star Cement Ltd. stock forum
STARCEMENT dont enter wait for resistance break up
STARCEMENT Delivery Buy STARCEMENT Above 222 Stop Loss 207 Targets 235-250
STARCEMENT As of May 30, 2025, Star Cement Ltd (NSE: STARCEMENT) closed at ₹217.37. The stock experienced a slight decline of 0.46% from the previous close of ₹216.55.
📊 Daily Support and Resistance Levels (Pivot Point Analysis)
Based on pivot point analysis, the following are the key support and resistance levels for Star Cement Ltd:
Pivot Point (PP): ₹216.82
Resistance Levels:
R1: ₹218.53
R2: ₹219.92
R3: ₹221.63
Support Levels:
S1: ₹215.43
S2: ₹213.72
S3: ₹212.33
📈 Technical Overview
52-Week Range: ₹171.55 – ₹247.30
Market Capitalization: ₹8,785.66 crore
P/E Ratio: 51.96
P/B Ratio: 0.33
Volume (May 30, 2025): Approximately 141,204 shares traded
🔍 Analyst Insights
Analysts have given Star Cement Ltd a "Buy" rating for the long term.
The stock has shown a 33.69% return over six months, closing at ₹231.26 on May 20, 2025.
✅ Summary
Star Cement Ltd is currently trading near its immediate support level of ₹215.43. A breakdown below this could lead to further downside towards ₹213.72 and ₹212.33. Conversely, if the stock sustains above the pivot point of ₹216.82, it may face resistance at ₹218.53 and ₹219.92. Traders should monitor these key levels for potential trading opportunities.
STARCEMENT Delivery Buy STARCEMENT Above 231 Stop Loss 203 Targets 260-290STARCEMENT Delivery Buy STARCEMENT Above 228 Stop Loss 213 Targets 242-258
STARCEMENT good to enter @208.. Target 260 in short term
STARCEMENT :buy for target 124.5