TechMantra

Ambuja Cement at a Crucial Level

Long
NSE:AMBUJACEM   AMBUJA CEMENTS LTD
(I May be Wrong)

Looks like Ambuja Cement is all set to rock and roll. Volumes are not supporting the move so it can go either ways. If it moves up from here with better volumes then it could be a trend changer or else its time to go short. Waiting for the confirmation. Please correct me If I am wrong.

Could go long with a SL of 197
Trade active: Stock is up 4%
Comment: Good Volumes and price going up. Looks good so far. Moving SL to Cost
Comment: Booking Partial and moving SL to cost. TGT is 238
Trade closed: target reached