Ambuja Cements - Recovery signals?
Updated
Am keeping a close watch on AmbujaCem for a long entry
Daily Chart shows a Doji
Two consecutive green Heijken Aishi candles on 1 hr chart
3 Line Break and Renko showing green bricks on 30 min chart
Traded intraday long twice today -between 216.5 & 218.5 for about 3 points per lot (futures) which was a pretty neat profit with high Risk/Reward ratio
Daily Chart shows a Doji
Two consecutive green Heijken Aishi candles on 1 hr chart
3 Line Break and Renko showing green bricks on 30 min chart
Traded intraday long twice today -between 216.5 & 218.5 for about 3 points per lot (futures) which was a pretty neat profit with high Risk/Reward ratio
Note
Went long @216.3 (futures price)Trade closed manually
Closed @219 for 2.7 points per lot. Total points since yesterday - a bit less than 6 points per lot. Lot size in futures is 2500 so decent profits with multiple lots in these trades.Note
Long again @216.5 (futures price)Trade closed manually
Closed @217.7. 2.2 points per lot About 8 points profit since yesterday
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