Low priced multi bagger cement stocks

#3
I got decently invested into Ultratech Cemco ... Its more that the huge swings that it had exhibited on day 1 made me greedy to buy low. I hope it reaches its price about 300Rs .. Any ideas on this?
 

Traderji

Super Moderator
#5
isb_santosh said:
I got decently invested into Ultratech Cemco ... Its more that the huge swings that it had exhibited on day 1 made me greedy to buy low. I hope it reaches its price about 300Rs .. Any ideas on this?
Being a fundamentally strong stock and with the cement sector generally outperforming the rest of the market you can hold on to this stock with a stoploss at least 5% below your buying price.

As there is no historical data for this stock, I cannot comment on this stock from a technical point of view.
 
#6
Both Prism Cements and Mysore Cements have undergone a correction over the last few days.

Swing traders can keep a watch on these two stocks and BUY/ADD as follows:

Prism Cements: BUY/ADD the moment the stock crosses 14.25
Keep your stoploss at 13.50

Mysore Cements: BUY/ADD the moment the stock crosses 16.35
Keep your stoploss at 15.50


Check out this link for more info on Swing Trading.
 
Last edited:
#7
TradersEdge said:
Both Prism Cements and Mysore Cements have undergone a correction over the last few days.

Swing traders can keep a watch on these two stocks and BUY/ADD as follows:

Prism Cements: BUY/ADD the moment the stock crosses 14.25
Keep your stoploss at 13.50

Mysore Cements: BUY/ADD the moment the stock crosses 16.35
Keep your stoploss at 15.50


Check out this link for more info on Swing Trading.
Good call!

I am long and

Prism Cements is trading at: 15.50 and

Mysore Cements is trading at: 17.70

Thanks again for your great analysis.
 

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