Stock seems to be getting ready a move higher in wave (iii) of 3 (the most powerful move). Currently the correction in wave (ii) might have been completed as shown on the chart or could make a lower low to complete the correction. Break of wave x at 850 would add more confidence to this idea. Regardless of the shorter time frame, the stock seems to be getting...
JK Lakshmi Cement share with a current price of 617: * **Company overview:** JK Lakshmi Cement is a leading cement manufacturer in NSE:JKLAKSHMI India. The company has a strong brand presence and a wide distribution network. It also has a captive limestone mine, which gives it a cost advantage. * **Current valuation:** The current price of JK Lakshmi...
Buy above high of breakout candle at 792.75 Stoploss at 770.95
Buy above high of breakout candle at 203.65 stoploss at 193.95
Price has been in an Uptrend and will continue the same, Price has just given a pullback into a Demand syned into Weekly Daily and 4H, hence another 4% Upward. ENJOY THE RIDE!!!
Breakout in india cement at the levels of 248 buy at current levels for the targets of 270 stock is above of all the important exponential moving averages keep stoploss strict.
*Ultratech Cement* Time Frame: Daily Observation: * Rounding Bottom formation. * Supply Zone Breakout * Swing High Breakout Resistance/Target: 7675 8675 9678 10291 Support: 6402 6060
a stock is ready for the breakout of reverse head and shoulder pattern on the charts of ultratech cement. And there is a huge buildup near the neckline area. Buy Between 6900-7000 and keep a stoploss of 6650 for the targets of 8000-8200.This stock is above all the important exponential moving averages.
*ACC LTD* Time Frame: Weekly Observation: * Parallel Channel Breakout on Daily Time Frame. *Rounding Bottom formation. *Life Time High Breakout on Weekly Time Frame. Resistance/Target: 2987 3352 3717 3943 Support: 2394 2087 1900
1 hour green candle above 14.5 after it reaches the 14.5 to close the gap then we might see a bull up the targets are 16.65 18.95 etc
Acc has closed just near its crucial resistances. If the stock crosses 2160 it will cross its 200ema, resistance zone and and will change the trend from bearish to bullish. On daily chart, it seems bullish and can touch 2200. Wait for the price to cross 2160 and sustain. This trade can become a swing trade if closes above 2160.
Break of Jan '22 downtrend against Aug '21 support. India set for major growth.
Technicals The 50 % retracement of the correction from the bullish movement from the high last April was reached. It's a healthy correction so far. We're above the EMA 17 and SMA 30 and 50 on a daily basis. An inverse shoulder-head-shoulder-formation has been built and already broken. As we have cut through the SMA 200 (red) without any major...
Swing Idea: NSE:ULTRACEMCO - LONG @CMP 7660 Entry -> 7660 SL -> 7395 TGT 1 - 8000 (R:R = 1.3) - Time frame -> 1 month TGT2 - 8200 (R:R = 2.05) - Time frame -> 1-2 months TGT3 - 8800 (R:R = 4+) - Time frame -> 4-6 months Reasoning: - Stock moving in a channel since 1+year. - Stock moving on lower end of channel with good consolidation - On the verge of...
My View Ambuja Cement Taking Support From Trend Line You Can Buy Ambuja Cement When It will Take Support From Trend Line & Can Go Long For Target Price Of 448 & 640 In Long Term Stop Loss Below Trend Line For Educational Purpose Only
Cement sector has been in the buzz since last one year with a strong rally each expiry. ULTRACEMCO has also seen a good move recently and has been travelling through a upward sloping channel. Today at 6755 its at support zone of channel and could be bought for a tgt of 7015 positionally in near term. Recent support zone at 6680 is SL.
NSE:INDIACEM A very promising Multiyear Trendline/Triangular pattern weekly/Monthly breakout on chart. Demand in cement due to infrastructure boost we can see more rally in cement stocks from here also. CMP 202 Strict SL 160 on closing basis Tgts 250 300 350++ time frame 1-2 years *Note- please consult your financial advisor befor taking any entry or exit. Thank you
Sl-370 Stocks for the week-4 Hello everyone, this week we are going to invest in many different sectors. One of which is CEMENT SECTOR(from infrastructure sector). I will be posting best stocks of cement sector and the % allocation that stock should take in your portfolio. STOCKS ALLOCATIONS Stock 1: AMBUJA CEMENTS LTD ...