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
Reason for short a) HSP set up for short b) triangle breakdown c) good risk reward zone SL compulsory
If the Support (imp Zone) breaks then I will go for PE side
Reason for long a) cup and handle breakout b) PCR up c) OI build up SL compulsory
Hi guys, In this chart i Drew My Best Levels in SHREECEM for Long, Observed these Levels based on price action and Demand & Supply. Don't Take any trades based on this Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
20935 is today's level as chart showing weak and earning is also negative so 1st target would be 18500 and 2nd target would be 15800 may be it takes month
Shree cement wait for close above 23600 we can get 10% plus movement once this levels are taken over
i really think that this resistance level will be broken, maybe not the nest trading day but it eventually will. yup not much to tell about it, just a simple resistance area :D -Happy Trading !!!
Shree Cements in downtrend, yet at support in the down channel and market is supporting the upmove for shree cem. One can trade in future once it breaks the red horizontal line.
Longs can be tried on Shree for a counter trend bounce SL can be 2-3% away from trendline
Shree cement , on its weekly chart has touched 4 times the support level since 2016. This has made me interesting to study; on further scrutiny, the RSI is also at its support level confirming the possibility of appreciation. I welcome comments on my own study. Pls make your own decision for investing in the scrip
Bullish Shark Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT POTENTIAL BUY
Now we are in the corrective phase and currently in Wave C which is a 5 wave impulse lower. We are currently in the 3rd subwave and expecting a brief retracement for subwave 4 and then another move lower for subwave 5. We have the fibonacci extensions in place for possible reversal zones which we can look at for a bounce. We also have a descending trendline in...
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