200SMA is Tested today whereas 200dema is at 16690 which is 150pts away from todays close
Post september 2020, 200dema/sma is tested now in feb 2022 n it took 1.5 yrs
200 sma 16788
200dema 16688
Today many sectors tested 200dema/Sma after 1.5 yrs which is "Mean Reversion"
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India Cement setting up for multi year breakout above 226 can do 340-370-400-450-500 and more in next 2-4 years. @entrepreneur987 @moneyworks4u_fa @TradeWithSandy pic.twitter.com/MbCPMnN6d9
— Shivaji Vitthalrao\U0001f1ee\U0001f1f3 (@shivaji_1983) May 20, 2021
Today I see a very strong signal of this happening in 3-4 years. Trail sl as pernur risk.
#Indiacem
India Cement Could not cross 226 in the last attempt to trigger multi year breakout.
— Shivaji Vitthalrao\U0001f1ee\U0001f1f3 (@shivaji_1983) September 2, 2021
Stock in this leg crossing 212 can trigger this 14 years breakout. CMP 180 taking a SL 150
Revised Target 4 digits by 2024-2025. I am not kidding \U0001f600#Indiacement https://t.co/xhWjqrJm4j pic.twitter.com/42Q8qO7tO7
Copper break below 4.43 qualify as bearish Flag and pole
HINDCOPPER break below 157 qualify as bearish Flag n pole.
Impact copper can test 4.28-4.20
HINDCOPPER can test 150-141 as per pattern targets.
165-166 Lakshman Rekha.
Quiz - Hindcopper
— Shivaji Vitthalrao\U0001f1ee\U0001f1f3 (@shivaji_1983) June 9, 2021
What pattern do you see?
whats the confirmation level and impact ?
Both are interlinked. https://t.co/0gVaRXd4pS pic.twitter.com/Bbs1rdaOWf
#Hindcopper https://t.co/KMpDhWTc53
#hindcopper
— Shivaji Vitthalrao\U0001f1ee\U0001f1f3 (@shivaji_1983) August 29, 2021
1. Given sell at 170-175 zone when it made a distribution pattern for targets 120 and 95
2. Stock is heading towards 90-95 and wont be suprised to see 75-80 levels in panic
3. Stock is clearly in down trend and till we see a turn around I would like to wait and watch pic.twitter.com/IfGNEwcPD9
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