Ambuja Cement : Ascending Triangle

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

If today’s price closed above Rs 400.
Target 20%, Stop Loss 7%

Thanks
-AJ

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Comment:

Adani Effect ✔

Trade closed manually:

Close the trade (if any) as per price action.