Ambuja Cement Chart set up: At Lower end of channel

- The stock is near the lower end of the channel

- 50 day EMA is around 382

- 200 day EMA around 366

Target for the current set up

Short term target 382

Medium term target 418


Take care & safe trading...!!!


Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be