SHREECEM closes at $ 1726.55 with a fall of -2.30% on 01 July 2011 with formation of Bearish Evening Star Candle & Has given Symmetrical Triangle Breakdown on Daily Price Chart. Technically, SHREECEM looking extremely week on Charts. Major Momentum Indicators are week .
We Recommend to SELL - SHREECEM at CMP
Target- 1660/1564
Stop-Loss – 1736
Time Frame- 5-20 Trading Days
Editor’s Note : This Article is written by Vina S Singh, Senior Chartist at www.niftynext.com , which is a Technically Based quant Research Firm, M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks, trades at NSE. We use Ami Broker Charting Software. You can reach the Chartist here mail@niftynext.com .
Editor’s Note : This Article is written by Vina S Singh, Senior Chartist at www.niftynext.com , which is a Technically Based quant Research Firm, M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks, trades at NSE. We use Ami Broker Charting Software. You can reach the Chartist here mail@niftynext.com .
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