The Eagle Signal Pro v2 indicator has identified a compelling trading opportunity in Shree Cement share, signaling a potential BEARISH trend reversal or continuation. This indicator, known for its accuracy and reliability, has generated a strong Sell signal based on its advanced analysis of price movement and key technical analysis.
Traders utilizing the Eagle...
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.
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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.
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
📢 M pattern 📢
These are swing ideas which you can add your watchlist and analysis for yourself !
Keep on your radar 📡
This content only education purpose!
❗I am not sebi ragister❗
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...
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...
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.
![SHREECEM: [Basket] Shree Cements Buy Idea](https://s3.tradingview.com/h/hEAJM5Cs_mid.png "[Basket] Shree Cements Buy Idea")
