Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You...
Monthly Demand is formed and Price in lower timeframe has retraced into the Demand, This Daily Demand has coincided into the Monthly Demand hence a valid Trade with defined risk.
looking good for a breakout and head towards tp1 once it crosses this resistance.
ShreeCement is expected to move from current levels towards 27500 mark in wave 5. The stock is seen taking support from previous 4th wave lows. Target - 27500 Sl - 25250
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SHREECEM Chart looks like, it will soon give a breakout. Apart from Shreecem, other cement sector stocks look best.
Breaking Downword channel now taking support @ 17835 Market need to hold for while then only we can see upword movement
The current state of the overall Indian market appears to be somewhat overvalued, with even individual stocks reflecting valuations that exceed their fundamental metrics. In light of this assessment, I have identified more compelling investment opportunities within both the US and Indian markets, ones that I have a higher level of confidence in. As a result, I...
Pros 1. The balance sheet and the cash flow statements are looking pretty good. Debt to equity ratio as well as current ration over the last 5 years are higher than the industry average. Same is the case with free cash flow. 2. When looking into its competitors there is Ambuja and ACC under Adani, Ultratech, Grasim and the likes. So this is a pretty competitive...
Breakout of crucial resistance has been done on Shree cement. wait for retest at the marked level to take it to the upside. Target - 26419.80-26806.95
Shreecem is breaking out from upper trendline, which is good signal and strong close seen. one can enter with stop below the trendline. risk at yours, if you get benefit, feed a poor little. thanks
Shree Cement(stock symbol: SHREECEM) has been forming an ascending triangle pattern since April 2022, but recently it broke the pattern with a gap down. However, it managed to recover and is currently retesting the lower trendline. During this retesting phase, the stock is forming dojis, which could potentially act as a trigger for a further move. To implement a...
In my opinion, shree cement is showing upward momentum in the weekly time frame. But it is coming towards an important resistance. This level breakout can turn the stock upside. Failing to sustain above resistance levels will drag down this stock. Important resistance Level : 25900 - 26100 Coming to support, From 2022 Jun, stock was respecting trendline levels...
After showing strength from the consolidation zone, it appears to be a good range bound stock with a positive target.
NSE:SHREECEM All important levels are drawn in the chart.Work with risk reward ratio. not taking a trade is also a trade. A trade cant change anything keep in your mind,if you think one trade can change your life then you are doing gambling in the market.take calculated risk. this is only for educational purpose. before taking trade take advice from your...
The scrip is consolidating near resistance and there is a high possibility of breakout from the range. This can be a good short term bet, Keep in radar.
What the pattern yarrr. This is 3rd stock in today's analysis. Same pattern head and shoulder. Shreecem in bullish trend with good pattern.
thanks for the support guys for 100 followers if you any question ask in comment