#Oct12 - AMBUJACEM (intraday)

Oct 11, 2020

The stock has been consolidating for some time now. And also created a clear triangle pattern if broken can give an amazing momentum.

These are the levels:
Buy above 240.55
Sell below 238

Note:

• Avoid the stock if a big gap up or gap down is seen
  
• Enter after the breakout happens and not before it
  
• Do not chase the market, i.e., do not get involved in late entries
  
• Only enter with strict stop-loss and target
  
• This is not a recommendation and is for educational purposes only.
  
• always follow risk-reward and quantity management for the 100% of the times
  
• The above mentioned idea may not work, so beware of the risk you are taking