Buy IndiaCem abv 193An cup and handle pattern can be seen .
Buy IndiaCem abv 193.
trgt -211-216-225.
stop loss 180
Disclaimer: The above is shared just for educational purpose and is my personal view.
By no means shall I be accountable for any debits/losses amounting out of it.
I am not a SEBI registered Analyst, so please consult your Investment Advisor and take rational decisions
INDIACEM trade ideas
India Cement Positional betNSE: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
INDIACEM ::: BULLISHDATE: 11 MAY 2021
INSTRUMENT: INDIACEM
TREND: BUY
TIME FRAME: DAY
CMP: 168.70
BUY ABOVE: 170
STOP LOSS: 163
TGT 01: 179
TGT 02: 184
DISCLAIMER:
We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
INDIA CEMENTSNSE:INDIACEM
JUST SEE HOW ITS TRYING TO BREACH ITS LAST SWING HIGH OF 125,
IF IT CROSSES 125 AND SUSTAINS, THEN 129 AND 133 CAN BE SEEN ON UPSIDE
ELSE 121 AND 119.50 ON DOWNSIDE
**********************************************************************************************************************************************
Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
**********************************************************************************************************************************************
The India Cements Ltd. - WEEKLY CHART VIEW!!The India Cements Ltd. trading below weekly resistance zone and 200 SMA and likely to stay weak until it stays below 125-127 zone on a daily closing basis.
Likely to see short term consolidation in 110-125 zone and breakout only above 127 and further momentum to be seen above 140 level.
Technical parameters looks positive as of now.
Keep a watch.