*INDIA CEMENTS* Time Frame: Weekly Observation: * Rounding Bottom Pattern Formation * Lifetime High Breakout Resistance/Target: 297 341 385 413 Support: 235 202
Reason for long a) pull back set up b) good engulfing candle c) volume and price spurt SL compulsory Duration 5 days
Ints nice reversal W breakout given & going to make #cup&handle in 15 min
we are long indiacem cmp 195-190 maintain sl below 185 short term target - 260+ risk - 10 points rewards - 65 points always respect risk to rewards.
India cements expected to give multi year break out
India cement making good price action pattern in daily time frame, this stock follow more than 200 days trandline resistance and break this trandline with strong bullish candel in daily TF with good volume. also stock is follow support trandline with good respct.and aslo its PEMA(21,34,55) its turn to flat to sloping upside its best singh for long this stock my...
indiacement look for short term bullish know currently small consolidation phase .keep watching once consolidation range 198 will broke to move next resistance 212 and second resistance 230. if any bearish sentiment immediate support is placed 186.keep watching on wednesday if broke 198 to focus on these stock.
Positional we can buy India cement above 174.30 stop loss 169 closing basis. Target 1 : 180 Target 2 : 186 Setup: Cup and handle pattern Inside candle in daily chart
India cement - good breakout on hourly chart.... lf it sustains above 205 then 215,220,230 ++ on cards....
PJs aside..do buy this one..RR is very good....from top down as usual tgt entry stop
THIS STOCK DOWN MOVE DOWN A,B,C AND AGAIN MOVE A,B,C buy this stock 218 stoplss 207 or two target 235 or 260
INDACEM Cement Looking Good Long above 206 with Target 217 and second 226.
INDACEM Cement Looking Good Long above 206 with Target 229 and Stop Loss 182.
Break of Jan '22 downtrend against Aug '21 support. India set for major growth.
Keep in your watchlist. If INDIACEM gives breakout of this channel and closes above 200 then potential target will be 210, 230 & 250.
#INDIACEM Bullish Engulfing today (18-02-2022) in the Day TF with good volumes. Stock didn't break the TL resistance. Can see movement on upper side above 218.
India cement CMP 228 SL 198 CLB 🎯 340/370+ Note; education purpose only😊