Ambuja Cement : Ascending Triangle
Updated
Daily Chart
The price continuously making a higher low since feb’23. The price breached the long resistance and opportunity to accumulate for long term investment.
Price above 20 & 50 ema and short term resistance will be 200 ema [Rs 425]
If today’s price closed above Rs 400.
Target 20%, Stop Loss 7%
Thanks
-AJ
Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.
The price continuously making a higher low since feb’23. The price breached the long resistance and opportunity to accumulate for long term investment.
Price above 20 & 50 ema and short term resistance will be 200 ema [Rs 425]
If today’s price closed above Rs 400.
Target 20%, Stop Loss 7%
Thanks
-AJ
Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.
Note
Adani Effect ✔Trade closed manually
Close the trade (if any) as per price action.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.