nirmalmishra

Breakout on Daily Chart

Long
NSE:AMBUJACEM   AMBUJA CEMENTS LTD
Ambuja cement was in downtrend since October 2017 and now it has given breakout and ready to given an upmove. Potential targets are mentioned over chart.
Other Technical indicator also giving uptrend signal. Money flow Index has crossed the 20 line and indicated the uptrend . Weighted moving average has also given cross over. All technical indicator are indicating start of an uptrend


disclaimer : This is for education purpose only
Comment: Hit the 1st target

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