INDIACEM trade ideas
INDIACEM India cement is in consolidation of last 5 months, it seems to me like the consolidation is about to get over, and India cements is going to have some good time in the near future. the RSI seems to be in a good range. lets see that the future is hiding in it.
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 CEMENT: LIFE LONG TRIANGLE PATTERN (18 YEARS)SL-145
The most profitable pattern is HERE. Do not just buy it in a day, start accumulating and average it at lower levels as market is weak for now(Best time to buy).
(Similar patterns in link below)
Shoot up your queries in comment section.
#INDIA CEMENTS - NSE CASH TIME FRAME : 4H PATTERN : BULLISH BAT #INDIA CEMENTS - NSE CASH
TIME FRAME : 4H
PATTERN : BULLISH BAT
REVERSAL EXPECTED156.45-157.85
PARADE OF POLES AND FLAGS!BUY AT 171.STOP LOSS CLOSE BELOW 154.TARGET 210.DONT MISS THIS ANOTHER BIRTH OF A POLE.HAPPY TRADING FRIENDS!
INDIA CEMENTBREAKOUT AND RETEST DONE. NOW CAN GO LONG WITH TARGET PRICE AROUND 170. IF PRICE COMES AROUND 105 THAN CAN BUY AGGRESSIVELY. KEEP STOP LOSS BELOW 95 ON CLOSING BASIS.
india cement , it will follow cement sectorindia cement , all the details has been provided in chart
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
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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.
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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.
india cement buybreak of 123 will on high volume can take it to 134 level and break of 134 we have a minimum target of 160 3rd wave target
INDIA CEMENTSChart is Self Explanatory.
A retest after the breakout on the resistance turned support augers well for a good up move.
[Positional] India Cements ShortSell below low of friday. SL day high or thursday high SL
Short below 120.55
SL 124.55/126.3 (Final SL)
T 116.5,112,106
Time to make moves?It's been chilling for a month since 26th of May when it started its downward movement, looks to me as if a big flag is being painted on the daily with the 50 day moving up to offer support around 115 which i was hopeful for a refill.
Looks like its forming this pattern and is ready to move again .
Intra day hop off around 132.75 since its fairly busy there however i recon we move fast to 165 from here on .
125.55 right now and with the 200 day at 118 on the monthly i recon its an awesome R/R.
please check out earlier HTF graph for macro outlook
Cheers!
India Cements - Pennant PatternNSE:INDIACEM is currently forming Pennant Pattern.
The stock is in uptrend. In case of breakdown, that can be used to buy the dip.
