📊 Script: ORIENTCEM 📊 Sector: Cement 📊 Industry: Cement - South India Key highlights: 💡⚡ 📈 Script has taken support at 195 level and started moving upward we may see 229 level. 📈 MACD is giving Crossover ⏱️ C.M.P 📑💰- 213 🟢 Target 🎯🏆 - 229 ⚠️ Stoploss ☠️🚫 - 205 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new...
reversal pick , expecting a quick target of 10% in 1-2 week. sl is close below 215.
Technical: Inverse head and shoulder on monthly chart. Price is following the pattern. Height of the head is 140 points Volume and RSi is supporting it. Relevant target : 320 STOP LOSS: 250 **These are my personal observations. Please trade at your own risk.**
Hello Everyone, Orient Cem has given breakout from its all time high with a Monthly candle with Good Volumes and it is near the entry point, one can look for short to long term investment opportunity in this scrip. Stock has significantly reduced their Debts from previous years this could be another reason for breakout and going forward there can be huge rally...
Orient Cement just came out of its lifetime rectangle box., with the good supporting volume. 200-240 could be its breakout test.
Stock has give a strong breakout on daily chart with huge volume spurt . Strong Uptrend Seen on Chart. Stock has been maintaining a healthy dividend payout of 21.2%. Debt to Equity Ratio - 0.25
Continuation Pattern Higher Trade and Delivery 52 Week Zone Multiple Support at RSI 60 on daily chart
orient 1w buy@cmp target 161.30, 165.30, 171 ascending triangle breakout risk reward 1.5 it just a view trade @ your own risk sl@119.40
Buy NSE:ORIENTCEM Buy @ 165-170 Short term : 210 Mid Term : 260 Stop Loss : 150 Note: I am not a Sebi Registered Advisor. Please Consult with your Financial Advisor before Investing.
After a good prior uptrend and then consolidation, and shaking out weaker players twice, it looks all ripe for a good upmove of mimimum 15-20%.
Orient Cement has moved out of a well traded region and given a breakout towards the upside. So, if it dip towards the origin there will be our entry and easy 10-30% can be targeted, until it shows lack of demand.
Established in 1979, Orient Cement was formerly, a part of Orient Paper & Industries. It was demerged in the year 2012 and since then, it has emerged as one of the fastest growing and leading cement manufacturers in India. Orient Cement began cement production in the year 1982 at Devapur in Adilabad District, Telangana. In 1997, a split-grinding unit was added at...
Orient Cement - Looks a successful break out of 3 year. If it stays above 124 for this month, it can be bought for a target of 220. SL can be below 100. DISCL: Not a SEBI registered. I post charts for my own study.
Breakout on a daily basis and near breakout on weekly basis.
Stock is closing in a tight range near handle resistance with drying volume.
Looking solid, broke the resistance of 100. The next level is around 120.