nextgen
Long

Ambuja Cements getting ready breakout falling wedge.

NSE:AMBUJACEM   AMBUJA CEMENTS LTD
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Ambuja Cemnts touching its long term support 236.90 and has retraced to 61% fibo extension, also forming a falling wedge which combines an analysis that stock is ready to breakout upward, risky trader may enter this stock at CMP and conservative traders may enter after breakout of wedge upward 247.00, this stock may retest the former level of 280.57 in near term.

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