InsiderB
Long

Ambuja Cements : Sweet Spot Entry ?!

NSE:AMBUJACEM   AMBUJA CEMENTS LTD
We can clearly ascertain from the chart, Ambuja cement is resting on 61.8 line, trying to breakthrough, seems it's weak effort. Am expecting fresh bullish momentum to upside reaching around 250's zone with stops around 238's.

If you go more keen on 15mins you can see channel's in Ambuja, As I usually say try as per your plan, just giving out one of the ways here for Entry. You can try any method over it, if you are not well versed with channels, Go for pullback's. Have you noticed with single chart we get 3 types on entry ? there may be even more, but it depends on what method you are using.

The Sin commited by most traders here is combining all these 3 or trying more n more combo methods in name of finding high probability setup but they never realize the fact that, they are just spoiling their trade plan. Keep it simple , just stick to 1 or 2, Never confuse yourself & avoid trying to look for more & more confirmation's.
Comment: That;s nice start, will it continue upside further ? Will see...
Hello sir/mam
Do u have any idea about ambuja cem n Acc merger
or still something is pending between these two ???
Reply
InsiderB amish.punjabi
@amish.punjabi, Hello, None as of now, but even if it;s happening will take time span of 6 months. By the way, masculine gender here :)
Reply
@InsiderB, Thank u sir for reply

I hving huge position in AMbuja cement
245 ce 2 lots

250 ce 10 lots
with loss of 20000

whats ur view now last two days to go for exp ???
Reply
InsiderB amish.punjabi
@amish.punjabi, May I know where you have kept your stoploss ? If it's hit Exit & if you haven't put stops, the also Exit. Sorry to hear about your loss, from when you have these positions ?
Reply
now selling is better
Reply
InsiderB rupambose32
@rupambose32, I think the trade is gone :) for selling need another setup !
Reply
rupambose32 InsiderB
@InsiderB, no it is not gone now i will sell and buy on correction
Reply
InsiderB rupambose32
@rupambose32, Nice one :)
Reply
rupambose32 InsiderB
brother do you no how to trade it this daily chart in intraday
Reply
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