The cement stocks have had a great 2023 and many are looking to carry the run forward into 2024 as well. India Cements was spotted displaying a minor Wave I from Nov 1 till Dec 14.In this wave the stock swiftly moved 35% up in a short time of 1.5months Wave II was a 38.2% retracement of the wave I. Between Dec 21 and Jan 4 the stock completed a leading diagonal...
#INDIACEM has been moving in a range of 245-275, traders can play the given range or can wait for a breakout/breakdown in the stock and then positions can be made, short only once the stock has a hourly closing below 245 and long only above 275 hourly closing!
NSE:INDIACEM for Long Term Buy above 193 , average till 188 Technical : Entry Candle close above 193, average till 188 SL 180 T1 205 T2 223 T3 241 Trendline Breakout RSI Bullish Divergence Consolidated and created strong base
#INDIACEM... ✅▶️ Intraday as well as swing trade All levels given in charts ... IF good potential seen then we work in options also if activate then possible a huge movement Keep eye on this ... We take trade only when it activates... Possible to give good target TRADING FACTS
According to the Chart pattern i observed it can go upto 240-250 shortly and can get resistance on that level. invest and research by your own risk, this i sonly for educational and paper trading only.
NSE:INDIACEM best level to take buy entry is 240 with stop loss of 224 (-16 Points). My expected upside target will be 260 (+20 Points). Note: This is my personal analysis, only for learning. Thanks.
NSE:INDIACEM One Can Enter Now ! Or Wait for Retest of the Trendline (BO). Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
india cement correction start daily timee period 20 sept to 19 oct 2022 flat correction and retracment 38% rsi postive macd golden crossover
*INDIA CEMENTS* Time Frame: Weekly Observation: * Rounding Bottom Pattern Formation * Lifetime High Breakout Resistance/Target: 297 341 385 413 Support: 235 202
India cement making good price action pattern in daily time frame, this stock follow more than 200 days trandline resistance and break this trandline with strong bullish candel in daily TF with good volume. also stock is follow support trandline with good respct.and aslo its PEMA(21,34,55) its turn to flat to sloping upside its best singh for long this stock my...
Keep in your watchlist. If INDIACEM gives breakout of this channel and closes above 200 then potential target will be 210, 230 & 250.
NSE:INDIACEM Broke out of a major expanding channel pattern. Breakout candle is very bullish and volumes are heavy on the buy side. Price is in a low volume consolidation mode in the form a rising channel pattern on hourly timeframe. Momentum is expected to continue after the break of this pattern. One can enter at C.M.P with entire position for 2:7 Risk...
India cement has broken the symmetrical triangle pattern it is good buy around marked demand area with below demand level as stop loss for the given target marked on the chart. let's see Happy Investing!
India Cement BO from Channel Pattern. Wait for a retracement or good move to enter. Disc: Not a Buy recommendation. Only for Learning Use.
after earning release had heavy sell its seems to be like triangle formation in it as demand too risk : reward - 9:35 or 17:55 entry :184.05 stoploss:182.95 target 1: 195.5 target 2: 203 final target : 230
NSE:INDIACEM A very promising Multiyear Trendline/Triangular pattern weekly/Monthly breakout on chart. Demand in cement due to infrastructure boost we can see more rally in cement stocks from here also. CMP 202 Strict SL 160 on closing basis Tgts 250 300 350++ time frame 1-2 years *Note- please consult your financial advisor befor taking any entry or exit. Thank you
India cement is in consolidation of last 5 months, it seems to me like the consolidation is about to get over, and India cements is going to have some good time in the near future. the RSI seems to be in a good range. lets see that the future is hiding in it.