Shiva Cement: Key highlights:
– Shiva cement is giving a range breakout. it has been consolidating in this range for the last 9 months.
– Marked out a few important horizontal S/R levels in order to give a better idea to the new learners.
– Do not trade in between the levels, always trade level-to-level.
– Possible volume climax
– Any pullback towards the 39 level can be seen as a buying opportunity
– There can be a retest of 44-45 zone.
– The 40 zone can act as a strong support,
Important links:
- Follow the free Telegram channel for early updates.
- What is Divergence trading?
- What is Bullish divergence?
- What is Support and Resistance?