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Aayush_Rungta

Sideways Channel - Demand Zone reached

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SHREE CEMENT LTD (NSE:SHREECEM)  
Aayush_Rungta  
NSE:SHREECEM   SHREE CEMENT LTD
Trend Analysis Chart Patterns Technical Indicators shree shreecement
3
0
trendanalysis chartpattern indicator shree shreecement
Shree Cement has been trading in a sideways channel for a long time now and has reached the demand zone.
I am curious to see the results after EMA 9,21 confirmation or after taking a partial position here.

RSI has reached 30 levels and MACD Divergence seems decreasing as well. A strong bullish candle can increase conviction in the swing.
Only for learning purposes.
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