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k314

AMBUJA CEMENT parallel channel

AMBUJA CEMENTS LTD. (BSE:AMBUJACEM)  
k314 Updated   
BSE:AMBUJACEM   AMBUJA CEMENTS LTD.
Chart Patterns Trend Analysis AMBUJACEM ambujacement ambujacements
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chartpattern trendanalysis ambujacem ambujacement ambujacements
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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