Ramco cement may have formed a LD pattern on Ew basis & may have completed the correction.. The new run could be fast & we can expect 1100-1500 levels in the next 4-6 months.. Stop loss 780
After Adani group bought ACC and Ambuja cements and became an impact player in cement sector of the country there is a chance of duopoly creation in the cement sector as was seen in the case of telecom sector when Jio entered the segment. Although such extreme duopoly will not be created in cement sector as the other regional cement will continue to operate. There...
It's always great when you don't only get one Bullish breakout signal, but two more! Another W Formation has formed along with a strong uptrend driving the price up. So with this accompanied with Price>20 and Price>200 - make sit a HIGH probability analysis. The first target remains at R4.60 and the second target at R4.75. BULLISH
W Formation formed on PPC. The price broke out of the downtrend since January 2024. and we have further confirmation with price above both 20 and 200MA. The target has therefore been increased to R4.60. With the new building of the malls in South AFrica and the property boom, I don't blame a company like PPC to have invested interest from the shareholders.
W Formation formed on PPC and there has been a breakout of the downside since December. The M Formation that formed I expected to breakdown never confirmed and so, the analysis has switched.l It's not easy making analysis probabilities with low liquid penny stocks like PPC. Funny I never thought PPC and Penny Stock would be in the same sentence but here we...
This is an update on the last analysis made for PPC. There was a Larger M Formation that took place earlier where the target was arounf R2.37. But now with the new M Formation, we can raise the target a little bit higher to R2.64. Price<20 and Price <200MA which sets a high probability analysis... Target R2.64
Key Zones Supply Zone (Resistance) represented by the Red Box. The price has shown a clear rejection in this zone multiple times, indicating strong selling pressure. Demand Zone (Support) represented by the Green Box. Historically, this zone has acted as a strong support, suggesting buying interest in this area. Patterns and Trendlines RSI (Relative Strength...
buy now on 460 price at a lucrative price with potential upside of18 percent wsup mefor more recos 8459 22 0202 Ambuja Cements Limited is a major cement manufacturing company in India. The company was established in 1983 and is headquartered in Mumbai. It is a part of the LafargeHolcim group, one of the world's largest building materials companies. The company...
M Formation has formed on PPC since November 2023. This is a very risky trade analysis due to the high volatile nature of the share. But if the uptrend holds strong and lower highs continue, we could see a very big fall with the cement company. Medium Probability Trade Price<20 and Price <200MA Target R2.37
M Formation has recently formed on PPC. We are seeing negative signs more than positive. On Tuesday, the price crossed below the 200MA which confirmed downside to come. Now we can expect a test and a consolidation period before further downside, but well need the price to cross and close below the 200MA first. Target R2.37
Since the price broke above the brim level for PPC, it's since formed a DIamond FOrmation. There are TWO scenarios we can see: A bullish Diamond broadening formation. It resembles a diamond with high volatility and jumpiness between the price range. We wait for the diamond to form and then wait for the breakout to the upside. A bearish Diamond broadening...
Dalmia Bharat may have ended a flat correction or correction may continue later if new lows are coming. But at this moment looks like a diagonal has ended & can start afresh rally from here. Can buy Dalmia Cements keeping stop loss of Friday low 2068 for targets of 2500-2600 in next 2-3 months.. Will check new selling or buying signal if stop loss is taken..
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.
Monthly chart, the stock is trading in a critical zone, either rebound or fall down. Probable rebound from support A, then next probability at support B level. After rebounding the target will be to test the resistance A at around 64.4 Note: rebounding from support C is possible as well. Be careful! After crossing up 68.5, the next target will be resistance line...
PPC hit our initial target at R3.50. It then confirmed a breach above the neckline from the larger cup and handle formed since March 2023... Now there is a slight consolidation before the upside to continue. We see the moving averages are perfectly aligned where 7>21>200 And the RSI>50 and making higher lows. New target will be at R4.40
ADD AT 8050 SL 7925 , hopefully can reverse from here worth a shot due to decent risk / reward ratio
THe first Cup and Handle formed and the target was set to R3.55. Last week it hit it and in the pipeline another LARGER Cup and Handle formed. With the Moving averages all looking up 7>21>200 and with RSI making higher lows. The next target will be set to R4.40 Very bullish for PPC
Cup and handle has formed on PPC, where the price has retraced back to test the brim level. The volatility is wild with this Penny Stock and the liquidity is also very low. These are dangerous stocks to try buy and sell and wider stops and take profits are essential. Also with MAs, they are in the twilight zone too as 7=21=200 RSI>50 Target R3.55 WARNING