India Cements - Long Setup (Swing Trade)India Cements is approaching a critical zone for a potential long trade setup. Here’s the plan:
Entry Zone: 363.95
Entry Price: Once a 15-minute candle breaks above 363.95 , the high of that candle will confirm the entry.
Target: 394.85
Stop Loss: 348.50 (Triggered if a daily candle closes below this level)
The price is currently testing the entry zone at 363.95 , and a confirmed breakout could lead to a potential rally towards the target of 394.85 . A stop loss is set at 348.50 to manage risk, offering a favorable risk-reward ratio for this trade.
Disclaimer: This post is for educational purposes only and is not financial advice. Always manage your risk and trade responsibly.
Indiacement
India Cements CUP patternIt has formed a CUP chart pattern in India Cements and recently has broken the neckline after 16 years.
The best way to trade a chart pattern is to wait for the neckline to retest after the breakout. Once it turns around and the upside move continues, you can enter the trade.
Volume is a crucial factor in this analysis. It increased significantly as the price level approached the neckline, indicating strong market conditions.
The monthly, weekly, and daily RSI are above 60, which is also a good sign of bullishness in the stock.
If you measure the depth of the cup and clone it above the neckline, that would be your target, which comes to around 620 levels.
🔥 15% - 25% Upside Potential | IndiaCementNSE:INDIACEM #INDIACEM
✅ Buy Level - Rs 225 - Rs 230
✅ SL - Rs 214
✅ Target - Rs 250/255/269/275
✅ Flag and Pole Pattern Breakout
✅ Golden Crossover at 1 Hr Timefram
Trade :-
✅ Buy Future @ Rs 225 - Rs 230
✅ Buy May 240 CE - Rs 7 - 8 | Target 12/16/19/22/29/35
✅ Apr 1300 CE - CMP 20
Look at the chart for more information
India Cements Should be soon above the INR 300 mark.The cement stocks have had a great 2023 and many are looking to carry the run forward into 2024 as well.
India Cements was spotted displaying a minor Wave I from Nov 1 till Dec 14.In this wave the stock swiftly moved 35% up in a short time of 1.5months
Wave II was a 38.2% retracement of the wave I.
Between Dec 21 and Jan 4 the stock completed a leading diagonal which is the first leg to the bigger Wave III anticipated in the stock.
The wave III target is projected at INR 325-340 zone and the stock should be expected to gain a strong momentum in coming days once it closes decisively above the INR 275 mark.
On the down INR 245 could be considered for a "SL".
#INDIACEM Looking good at given level#INDIACEM... ✅▶️
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
INDIACEMNSE:INDIACEM
One Can Enter Now ! Or Wait for Retest of the Trendline (BO).
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
MY LONG SWING TRADE IN INDIA CEMENT India cement making good price action pattern in daily time frame,
this stock follow more than 200 days trandline resistance and break this trandline with strong bullish candel in daily TF with good volume.
also stock is follow support trandline with good respct.and aslo its PEMA(21,34,55) its turn to flat to sloping upside its best singh for long this stock
my lavels are enter to this stock
BUY = 204-205
TATGET = 210,220,230
STOP LOSS = 195
INDIA CEMENTS 2:7 RRR TRADE 🎯350NSE:INDIACEM Broke out of a major expanding channel pattern.
Breakout candle is very bullish and volumes are heavy on the buy side.
Price is in a low volume consolidation mode in the form a rising channel pattern on hourly timeframe.
Momentum is expected to continue after the break of this pattern.
One can enter at C.M.P with entire position for 2:7 Risk reward play.
Targets: 300/350+
sl: below 210
Position size accordingly. HAPPY TRADING!
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.