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Cement

UPDATE: PPC Cup and Handle to a Diamond snoozing formationSince 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 pattern, where the price breaks below the support of the diamond formation. TIPS FOR BOTH It is common to see Diamond formations to form in up or down trends and then break either way. So we do need to wait for the breakout. I am cautiously optimistic as the previous trend was up, the price is above the 200MA. And so the target remains at R4.40.
JSE:PPCLong
by Timonrosso
LOOKING FOR 23 PERCENT OF ROI FROM TOP CEMENT COMPANY 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 Cement is 617. This is below the consensus price target of 740.60. This suggests that the stock is undervalued. * **Fundamentals:** The fundamentals of JK Lakshmi Cement are strong. The company is expected to grow its revenue and earnings in the coming quarters. It is also well-positioned to benefit from the rising demand for cement in India. * **Risks:** The main risks to JK Lakshmi Cement are a slowdown in the Indian economy and a rise in input costs. However, these risks are mitigated by the company's strong brand presence and its captive limestone mine. Overall, I believe that JK Lakshmi Cement is a good buy at the current price. The stock is undervalued and the fundamentals are strong. I would recommend investors to buy the stock and hold it for the long term. Here are some other factors to consider before making a decision: * Your investment goals and risk tolerance. * The overall market conditions. * Your current portfolio allocation.
NSE:JKLAKSHMILong
by EasyLife_Advisor
🔜 bullish move ahead!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 resistance the last time(s), we could consider it not a significant resistance when moving upwards. We've got a bullish seasonal pattern in HEI over the last 15 years considering Seasonality. 80 % win rate in the date range from the 24th of February until the 9th of May. Fundamentals A growth by 1.5 % in 2022 is expected in the construction sector: www.bauindustrie.de Construction volume is growing in 2022: www.tga-fachplaner.de Economic growth is expected in the construction industry: www.deutsche-handwerks-zeitung.de So I'm bullishly invested.
XETR:HEILong
by p4917
ULTRACEMO - LONG @CMP 7660Swing 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 breaking triangular pattern Caveats:. - Can go below channel on global cues, and pandemic news. Shake-up possible. - Earnings coming up in 3 days, could be a make or break situation
NSE:ULTRACEMCOLong
by it_swing_trader