Ambuja Cement (Short Candidate) - May see 205/200/191

Ambuja Cement resisted the upper trendline and Fibo Resistance 38.2 and has fallen from 228 Levels and broke 23.8% Fibonacci Support. Can be shorted below 209 for 205/200/191. SL - 214

Please consider following reasons -

1. Trend Line
2. Fibonacci SUpport Broken
3. Negative Result Expected
4. Negative Divergence in Stocastic
Oct 23
Comment: Target 1 and 2 Achieved.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out