Get started

Shreecement

Shree Cement looking strong on charts supported by volumesShree Cement Ltd. engages in the manufacturing of cement and cement-related products. The company's brand names include Shree Ultra, Bangur, and Rock Strong. The firm's products include: Ordinary Portland Cement, Portland Pozzolona Cement, Portland Slag Cement, and Composite Cement. CMP of the stock is Rs.25746.55. The Negative aspects of the company are Companies with growing costs YoY for long term projects , High PE (PE > 40), MFs decreased their shareholding last quarter and Declining cash from operations annual. The company's Positive aspects are No debt, Zero promoter pledge, Improving annual net profit. Entry can be taken after closing above 25835. Targets in the stock will be 26000, 26733 and 27283. The long-term target in the stock will be 28317, 29210 and 30754. Stop loss in the stock should be maintained at Closing below 23767. The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NSE:SHREECEM
by Happy_Candles_Investment
Shree Cement: Ascending Triangle Breakout and RetestShree Cement(stock symbol: SHREECEM) has been forming an ascending triangle pattern since April 2022, but recently it broke the pattern with a gap down. However, it managed to recover and is currently retesting the lower trendline. During this retesting phase, the stock is forming dojis, which could potentially act as a trigger for a further move. To implement a trading strategy, a stop-loss (SL) could be placed above the high of the doji, while the target levels are set at 22,623 as the first target and 21,853 as the second target. Note: It's important to keep in mind that financial decisions should not be solely based on patterns or technical analysis, as market conditions are subject to change. It's advisable to conduct thorough research and consult with a financial advisor before making any investment decisions.
NSE:SHREECEMShort
by JigarHathiyani
Shree Cement (Only RSI above 40 in hourly can save bulls) Shree cement is forming head and shoulders pattern in daily time frame, if it breaks down neckline then it can show more down fall, and above neckline if it survive with rsi above 40 in hourly time frame, then only it can go for further up moves towards blue resistance line , between black neckline and blue resistance line it could be a sideways, and breakout above blue resistance line only can allow bulls to take charge. Head and Shoulder Pattern in daily time frame Black Neckline and Blue Resistance line Key Levels in hourly Lower key levels Upper key levels Daily MACD Negative Crossover and downtick Weekly MACD Negative Crossover and downtick Hourly MACD is Uptick and positive crossover Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing
NSE:SHREECEM
by RK_Chaarts
1
Analysis of heavy Return Stock - Shre Digvijay Cements this is the first time i recorded generally i analyse my chart and i personally took trades only today, i recorded this video for all those guys those who want to trade the stock which is not very popular coz in popular stock generally heavy amount of buy/sell possible at any time but, this small cap stock showed a emence rally returns if you like then do let me know or if i need something to prove please dont forget to review me thanks god bless you all
NSE:SHREDIGCEMLong
by KingsForum
SHREECEMENTS - Bull Flag + Double Bottom - SwingThe above analysis is done purely on basis of Price Action & Chart Patterns. The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets As can be seen in the image, price has given clear breakout from Bull Flag Pattern with good volume confirmation. Breakout from Double Bottom pattern is yet to occur. Entry can be made above the high of breakout candle. SL and Targets are shown in image itself. The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management. Feel Free to comment for any queries regarding the above stock or price action analysis in general. Also check out my other ideas to understand how price action works and how it can be used to make regular profits without any complex strategies.
NSE:SHREECEMLong
by AdityaKarn90