ITDCEM: Rise, Drop & Steadying Up!The price of ITD Cementation India Ltd has gone through several phases over time:
Early Growth Phase:
For a long period, the price remained relatively stable with minimal movement. It was mostly trading within a narrow range without any significant jumps.
Strong Upward Movement:
At a certain point, the price started rising steadily and entered a strong growth phase. It climbed consistently over several months, with only minor pauses along the way.
Peak & Pullback:
The price reached its highest point at 694.30, marking a peak. After this, it experienced a drop of about 25% from this level.
Current Stabilization:
Recently, the price has been moving in a tighter range with smaller fluctuations compared to the previous uptrend.
It has been holding near 520-560, with occasional dips and recoveries.
It has not returned to its previous lowest points, but it has also not broken back into new highs.
Overall Story:
The price experienced strong momentum upwards, followed by a correction from its peak.
Now, it appears to be in a phase of adjustment, where it is not making extreme moves in either direction.
It is fluctuating within a specific zone while market participants assess the next course of action.
Disclaimer
"Not SEBI registered. This is for educational purposes only, not financial advice. Do your own research before investing."
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ITDCEM trade ideas
ITD CEMENTATION INDIA LTD S/RSupport and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
20 EMA (Exponential Moving Average):
Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory.
Combining RSI with Support and Resistance:
Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal.
Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
ITD Cementation India Long Term Investment IdeaIntroduction
ITD Cementation India Ltd. engages in the construction of a wide variety of structures. Its areas of operations include maritime structures, mass rapid transport systems (MRTS), dams and tunnels, airports, highways, bridges and flyovers, and other foundations and specialized engineering work.
Observation
As we can see stock breakout its channel with huge trade volume, Open marabuzo and....
Visit on website👆deeper detail and its fundamentals
Volume Breakout - Swing TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Volume Breakout. Stock has give Breakout with Volume. Keep in watch list. Buy above the high. Suitable for Swing Trade. Stop loss & Target Shown on Chart.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
ITD cementation LongITD Cementation
MTF Analysis
ITD Cementation Corp Yearly Breakout 305
ITD Cementation Corp 6 Month Demand DMIP 305
ITD Cementation Corp Qtrly Demand BUFL (in Process) 375
ITD Cementation Corp Monthly Demand 418
ITD Cementation Corp Weekly bufl 503
ITD Cementation Corp Weekly DMIP 584
ITD Cementation Corp Weekly DMIP 494
ENTRY 494
SL 463
RISK 31
Target 686
REWARD POINT 192
Last High 590
RR 6.19
RR 39%
ITDCEM: Swing Long#ITDCEM: Is potential Long candidate for swing trade.
1) After a Good up trend paused and created a base, Now price approaching for break our region.
2) High Relative strength Vs #CNX500
3) Good AS Rating
4) Volume picking Up substantially as moving up.
5) Decent Fundamentals
6) FII & DII holding increased
7) Buy above 590 no overhead supply
8) Expected Target Base depth (142 + 590 = 732)
9) Keep 8% SL
ITDCEM Going 2 Break All Time High With Huge Positive NumbersNSE:ITDCEM
Over 90 years of rich industry experience
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Company is expected to give good quarter,
Company has delivered good profit growth of 26.4% CAGR over last 5 years
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Amongst the leading infrastructure & construction company in Thailand
for over 60 years.
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Received ‘The Royal Seal of Garuda’ in 1985 - Highest and most
honorable achievement for civilian companies in Thailand
Global presence in India, Bangladesh, Lao PDR, the Philippines,
Vietnam, Africa etc.
Access to the latest technology and know-how, international design and
engineering as well as skilled personnel to augment our local strength.
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MULTI YEAR REVENUE VISIBILITY ORDERBOOK OF RS 18,536 CRORE.
• Secured orders worth over Rs 1,053 crore in Q1 FY25.
• Clientele comprises of Government (48%), PSU (17%) and Private Sector (35%).
• Established presence in India with 13 states / 1 union territory and is currently executing project in Sri Lanka and Bangladesh
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Major Projects under execution worth of Rs 6,401 crore.
Marine project in Bangladesh.
West Container Terminal in the Port of Colombo, Sri Lanka.
Balance Outer Harbour Works in Andhra Pradesh.
Piers, Landside Tunnels & Building in Karwar, Karnataka.
Udangudi project in Tamil Nadu.
Wharf and Approach trestle works at JNPT in Maharashtra.
Captive Oil Jetty at Kamarajar Port in Tamil Nadu.
Third Berth (Jetty) at Dahej LNG Terminal in Gujarat
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Major Projects under execution worth of Rs 3,936 crore.
Underground tunneling and stations for metros in Chennai, Bengaluru, Mumbai and Kolkata.
Elevated metro stations and buildings in Kolkata
Depot metro building in Surat
Modification & Refurbishment of terminal buildings in Ahmedabad airport
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Major Projects under execution worth of Rs 2,717 crore
Six laning road project in Uttar Pradesh
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Major Projects under execution worth of Rs 2,341 crore
Redevelopment of Residential colony at
Kasturba Nagar in New Delhi.
Circuit bench of Calcutta High Court at Jalpaiguri in West
Bengal.
Thal Sena Bhawan in Delhi.
Aerospace museum at AF station in Palam, Delhi.
Piling and Civil work for Coke Oven Project at
Hazira plant in Gujarat.
Construction of buildings for Sikkim University
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Major Projects under execution worth of Rs 2,120 crore
Railway tunnels in West Bengal and Sikkim.
Civil & Hydro-Mechanical Works of 500 MW Hydel Power, Pumped Storage Project in Andhra Pradesh.
Water conveyor system of lined gravity canal/tunnels in Telangana
ITD CEMENTATION : 445-450 Zone to watchITD CEMENTATION
1. After a short term bull move, the stock is going through a pull back.
2. The un-mitigated FVG remains at the Magenta Zone as depicted on the chart.
3. This FVG confluences with the buy zone created by the retracement (50-61.8%)
4. 445-450 is the key level to watch for going long again.
5. Remain patient if we get any spike from the current levels upside till 520. As this is the area where the liquidity will be created by the bears.
6. Hope the suggested path on the chart will be helpful
ITD Cementation - going get good now?NSE:ITDCEM
Is it a good time to invest in ITD Cementation?
Knowing when to exit and re-enter the market is crucial to navigating it successfully. A great way to illustrate this concept is by using a clear example of ITD cementation.
Disclosure: I have invested and want to share it for educational purposes.
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Resistance Breakout in ITDCEM
BUY TODAY SELL TOMORROW for 5%
IITDCEM - Inverted Head & Shoulder on WeeklyAfter a strong downtrend for 2 years and forming base(head in another 2 years)
Stock has broken 52w High today
IITDCEM has built a strong inverted head and shoulder pattern.
Long IITDCEM @ 145-150
Add more in dips near 125-130
Keep SL of 100 on WCB
Keep Targets of 193/229/250++
ITD Cementation On a Breakout.Target Price : 360
ITD Cementation India Limited provides construction and civil engineering services in India and internationally. The company constructs maritime structures, including jetties, dolphins, service platforms, quay, berths on concrete and steel piles, solid gravity type wharf structures, ship lifts, dry docks, wet basins, and inclined berths; and offers breakwater and piled approach trestles, steel piles and bored cast, undersea ground improvement, dredging and land reclamation, and coastal erosion protection and rock bund services. It also constructs highways, bridges, and flyovers; tunnels and airports; hydroelectric and irrigation projects comprising pumping stations, power houses, tunnels, intake structures, and pressure shafts; mass rapid transport systems; and dams, building and industrial structures. In addition, the company offers foundation and specialist engineering services comprising geotechnical investigations, piling, diaphragm walling, sandwicks/band drains, drilling and grouting, rock/soil anchors repairs, box pushing, and tube heading services. Further, it engages in the civil works for refinery, petrochemical, power, steel, and fertilizer plants; and design, construction, supply, installation, and commissioning of pipelines, as well as operates water and waste water treatment plants. The company was formerly known as Skanska Cementation India Limited and changed its name to ITD Cementation India Limited in May 2005. ITD Cementation India Limited was founded in 1931 and is based in Mumbai, India.
ITD Cementation India Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 18,325.71 million compared to INR 10,978.37 million a year ago. Revenue was INR 18,411.44 million compared to INR 11,063.77 million a year ago. Net income was INR 522.07 million compared to INR 300.62 million a year ago. Basic earnings per share from continuing operations was INR 3.04 compared to INR 1.75 a year ago. Diluted earnings per share from continuing operations was INR 3.04 compared to INR 1.75 a year ago.
ITD Cementation ITD Cementation is trading at all time high. Stock is about to give breakout at all time high levels with good volumes. Also, the order book is also very strong. YOY profit and EPS are in increasing trend. It Can be good investment pick for long term.
May be Added at CMP or upto 200 levels for a targets of 300-350 with strict SL of 150.
Remember this is long term bet.