AMBUJA CEMENT parallel channel

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.
Nov 22
Comment: So far Ambuja Cements has given a nice bounce at the channel bottom
Dec 04
Comment: 260 level is holding (on closing basis) so far.
Jan 06
Comment: Ambuja Cement facing resistance at the channel bottom
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