#DECCANCE #CEMENT #BANKNIFTY #NIFTY #NSE #TRADING #CEMENTS#DECCANCE #CEMENTS
Deccan Cements Ltd.
CMP: 289.20
Target: 348 / 408
SL: 272
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Cement
UMM AL-QURA is in decisive Triangle !After 5 impulsive waves to the down side, the market is correcting now.
We are waiting for a breakout of the triangle before seeing price flying in one Direction.
Ultratech Cement Trading Setupprice can touch the lower support if this support hold and sustain than we can see a good uptrend in this stock
if support not hold than we can go down from here
analysis and prediction for SAUDI CEMENT COthe day start with a big volume and a springbox appears earlier and the trend range above the vwap so i guess it going UP LONG
Ambuja Cement on Head & Shouler breakoutCurrently It is trading in oversold territory, wait for technical indication of oversold zone if planning to trade.
INDIACEM SHORT TERM SHORT OPPORTUNITYPossible BAT pattern formation at a strong supply zone. Though the sector is strong this trade looks promising as the Risk Reward is favourable to take a bet.
FOR EDUCATIONAL PURPOSES.
This could be the end of a correction! Bye Bye Wave 2We believe that TADAWUL:3002 is witnessing an end to the correction of the 2nd wave, we should face a strong impulsive wave!
If we are right, then our entry should be at 9.30 with a loss stop of 9.14
Happy Trading!
ACC NSE Nifty Short ideaPrevious supply zone intact and is pushing the prices down.
Alternate Trading plan is to wait till the price drops and WRITE 1500 PE Puts.
CX: Interesting monthly and quarterly signals$CX is an interesting company here. I have liked the negativity surrounding Mexico, and emerging markets since Trump got elected, now we have a solid breakout on strong volume, and a potential monthly and even quarterly uptrend taking off from here.
$CX has had strong growth in the past quarter and year, I think it can be a solid performer going forward. Management efficiency has been high, when compared to the average of the past 5 years.
Fundamentals are solid, with a decent 5.9% earnings yield, 15% free cash flow yield, this company might be a great value play going forward.
Cheers,
Ivan Labrie.
Shree Digvijay Cement (SHREDIGCEM) - Technical Analysis - 8/1/20Only word describes cement companies' stocks en masse is - UP ! There has been lot of recent activities in cement sector and all points to bullish development. Even taking a look at your surrounding will tell you that structures of concrete are rising every day without any slowdown in sight.
For Indian stock market, consumer goods ( now the Fad is for organic and Ayurvedic ) and Pharmaceuticals are every green sectors. Now you can add this construction segment too. We are long Colagate - Palmolive ( COLPAL ) and Asian Paints ( ASIANPAINT ) because rising urbanisation will keep on propelling such stocks higher and higher.
Since construction demand is cyclic, one needs to be little careful though because of huge boom is always followed by a lull. But looks like that time is not yet for India. Just a cursory look at big cement companies stocks e.g. J K cement, Ambuja Cement, ACC , Ultratech, Dalmia etc will tell you the story. Even recently, Nirma has also started consolidating and expanding its reach in cement industry.
Shree Digvijay Cement is near is 2014 highs but still developments looks bullish. Of course there is no way that you can go all in but if one is really keen on getting long then pyramiding the entry makes sense. Because break of this level will quickly shoot the stock to 40 soon. 20 is good support during any pullback and on the upside it has huge ground open !
AmbujaCem with high RSI and RVI... May fall The peak of the share had reached where its RSI is also above 80% and same levels were observed in last month July 2015. The same case will be repeated this time also.
