After Adani group bought ACC and Ambuja cements and became an impact player in cement sector of the country there is a chance of duopoly creation in the cement sector as was seen in the case of telecom sector when Jio entered the segment. Although such extreme duopoly will not be created in cement sector as the other regional cement will continue to operate. There...
A Beginner's Guide - How to do Revenge Trading :) - Inspired by True Story !!! Few years back, when I was naive in Technical Analysis, I took an Intraday position in India Cements basis someone's Call in Social Media. It ended up hitting a SL resulting in a Loss of Rs. 111 :) Back then I used to lose money on everything F&O, Intraday, Equity - because "I was...
Key Zones Supply Zone (Resistance) represented by the Red Box. The price has shown a clear rejection in this zone multiple times, indicating strong selling pressure. Demand Zone (Support) represented by the Green Box. Historically, this zone has acted as a strong support, suggesting buying interest in this area. Patterns and Trendlines RSI (Relative Strength...
TKYO might drop to 200DMA range. That will be a good support level. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based...
After 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++
Cup and handle has formed on PPC, where the price has retraced back to test the brim level. The volatility is wild with this Penny Stock and the liquidity is also very low. These are dangerous stocks to try buy and sell and wider stops and take profits are essential. Also with MAs, they are in the twilight zone too as 7=21=200 RSI>50 Target R3.55 WARNING
Ambuja cement seems to go up from here In a short time, the market will make a breakout in time, then a big target will appear on the upper side If the downside also breaks down, a big SHORT target can be found below
Stock seems to be getting ready a move higher in wave (iii) of 3 (the most powerful move). Currently the correction in wave (ii) might have been completed as shown on the chart or could make a lower low to complete the correction. Break of wave x at 850 would add more confidence to this idea. Regardless of the shorter time frame, the stock seems to be getting...
📉 Alert! Bearish Pattern Spotted! 🐻 📊 Pattern: Parallel Channel 📌 Symbol/Asset: Ambuja Cement 🔍 Description: Ambuja Cement moving in a parallel channel might touch the support in the coming days ⚡️ Actionable Insight: Offer a suggestion or recommendation based on the pattern. For example, you could mention a potential exit point, target price, or the need for...
Ambuja Cement: After the Adani saga in February the script has seen a brutal decline and fallen around 50% from it's ATH. Now, the script has been taking support at Weekly 200 EMA. Also building a higher base on the Daily chart. A close above 396 - 400 Zone will indicate the correction is over and stock might see a higher level. One can go long above 400 with...
Hello and welcome to this analysis Stock continues to make higher highs and higher lows with rounding bottom formations each time. In the short term it looks set for a flag breakout. Upside possibility till 7500 and 7900 as long as 7050 is not broken. Good risk reward set up as it build momentum Happy Investing
Ultratech Cement is looking in a good momentum on up side, also it has done breakout of flag n pole chart pattern in daily time frame along with good intensity of volume, along with trend indicators confirmations, overall it looks good candidate to go long, all the key levels are mentioned in chart with Stop-loss and Targets. All the key levels are mentioned in...
*INDIA CEMENTS* Time Frame: Weekly Observation: * Rounding Bottom Pattern Formation * Lifetime High Breakout Resistance/Target: 297 341 385 413 Support: 235 202
*ACC LTD* Time Frame: Weekly Observation: * Parallel Channel Breakout on Daily Time Frame. *Rounding Bottom formation. *Life Time High Breakout on Weekly Time Frame. Resistance/Target: 2987 3352 3717 3943 Support: 2394 2087 1900
In weekly timeframe, there is an Inverse H&S pattern formed from Feb'22 till now.. it looks good in consolidation btw 5200-6900 range by taking historical support treandline at head bottom.( EMA 20/50/100 is around shoulder bottom -- ~6400 as immediate support too) So, this month would be key to get sustain around neckline and breakout towards 8500 range for...
Hello and welcome to this analysis ACC in weekly time frame has activated a Bullish Harmonic Seahorse. It can rally till 2800 in the medium term with a stop loss at 2150. Not for short term derivatives.
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...
This stock has completed 4th wave on daily time frame, and now possibly we are in 5th wave, once resistance trendline is broken then it would be a good trigger point to go long, stock had reached that trendline and currently trying to break, once it's broken, then bulls can take charge, also trend indicators and wave counts are suggesting to go long. Overall...