SHREDIGCEM trade ideas
SHREDIGCEM (Swing):SHREDIGCEM (Swing):
This script is well set for am up move for the upcoming days.
Appropriate support, resistance, and target zones are highlighted.
Trade offers a RR of more than 1:7.
Check out my earlier views for a better understanding.
Note: Do your own due diligence before taking any action.
CUP AND HANDLE PATTERN ON SHREE DIGVIJAY CEMENT
Chart is forming cup and handle formation on weekly chart.
Volume is increasing with the price rise and decreases with fall in price.
FIIs are increasing stake every quarter.
ROCE > 20%, PE < Industry PE
RSI is above 60 , another bullish signal
TARGET -1 : 120
TARGET -2 : 140
STOP LOSS: 88
**These are my personal observations. Please trade at your own risk.**
SHREEDIGICEM - Poised for a 10-15% upmove from cmp.The stock is breaking out of 2 year old consolidation, once can expect 40-50% ROI in short to mid term.
For Swing trade, one may look to enter at current price and trail profits post 114, 14-15% ROI.
The stock is in uptrend in all higher timeframes. The stock is clearly indicating cup and handle pattern in weekly.
SHREE DIGVIJAY CEMENT (Swing):SHREE DIGVIJAY CEMENT (Swing):
SDC has broken a major resistance and well set for a 30-40 % up move.
Appropriate demand zone and target is highlighted.
Keep adding between 99-105 with a SL around 92.
Trade offers a RR of more than 1:4.
Note: Do your own due diligence before taking any action.
Chart of the week. Digvijay CementDigvijay cement has given a pennant breakout. I particularly liked the volume with which it has given the breakout. This stock has consistently outperformed and the strength can be easily seen on the chart. Fundamentally too the stock has a good track record. I feel it's a worth of a trade.
CMP - 91 W (6/8/23)
T - 121, 160 W
SL - 75 W
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
Bull Rally in Shre Digvijay Cementsthis is my personal analysis of a mid cap bullish stock
i am not joking i traded this stock multiple times the arrow of ups and downs most give the return of more then (20-30)% each time
i suggest you to have a look at the stock and follow your analysis
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thanks
SL: @60
God bless you