NSE:ITDCEM
Is it a good time to invest in ITD Cementation?
Knowing when to exit and re-enter the market is crucial to navigating it successfully. A great way to illustrate this concept is by using a clear example of ITD cementation.
Disclosure: I have invested and want to share it for educational purposes.
DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
—>Prior Uptrend
—>Strong Fundamentals
—>Huge Order Book
—>Episodic Pivot
—>Shakeout at 20 EMA
—>Consolidating in Tight Range Near Resistance
—>Low Volumes
Bullish on ITDCEM
BUY above 240+
SL 208
Target 920+
RR 1:20
Disclaimer - we are not responsible for your profit and loss, it's only for education purpose analysis.
This trade takes time 1-2 year's
After a strong downtrend for 2 years and forming base(head in another 2 years)
Stock has broken 52w High today
IITDCEM has built a strong inverted head and shoulder pattern.
Long IITDCEM @ 145-150
Add more in dips near 125-130
Keep SL of 100 on WCB
Keep Targets of 193/229/250++
Target Price : 360
ITD Cementation India Limited provides construction and civil engineering services in India and internationally. The company constructs maritime structures, including jetties, dolphins, service platforms, quay, berths on concrete and steel piles, solid gravity type wharf structures, ship lifts, dry docks, wet basins, and inclined berths; and...
ITD Cementation is trading at all time high. Stock is about to give breakout at all time high levels with good volumes. Also, the order book is also very strong. YOY profit and EPS are in increasing trend. It Can be good investment pick for long term.
May be Added at CMP or upto 200 levels for a targets of 300-350 with strict SL of 150.
Remember this is long term bet.
ITD Cementation Ltd.
C&H Pattern: Yearly Basis.
Strong Price BreakOut & Sustained.
Strong Vol. Consolidation/Continued BuiltUp.
RSI: 1H>D>W>M
With Upside, Trail SL
Book Profit as per Risk Appetite
Do Your Own Research as well.
Happy Investing 😇
ITD cementation is infra sector and sector as a whole getting lot of investment from government. The ITD cementation is already at all time high revenue and margin improving. The stock seems to be breaking out and might reach 145+ in mid term. depending upon financial results might go even higher. stop loss 93.
Disclaimer: The stock/index/currency discussed do...
The ITD cementation is in the construction sector where the government is focusing a lot which could lead to tailwind in the sector.
The chart is in the accumulation phase with price taking support at the support level. Once the base formation is complete the price can touch 95 and if 95 is broken can go to 140. The stop loss would be 68.
Disclaimer: The...
If next week close below or outside the channel, downtrend for short-term will open up and if it goes below 70 that may lead to further downside. For uptrend to continue it has to close within channel.
