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AMBUJA CEMENT parallel channel

BSE:AMBUJACEM   AMBUJA CEMENTS LTD
AMBUJACEM has been trading within a parallel channel since a year.

260 and 274 could be very important levels and could determine the direction of trend in coming days.
Comment: So far Ambuja Cements has given a nice bounce at the channel bottom
Comment: 260 level is holding (on closing basis) so far.
Comment: Ambuja Cement facing resistance at the channel bottom

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