Hold in AMBUJA CEMENTS
This scrip is in an uptrend for a while and it had retested the major resistance after the breakout. Now this is in a downfall after making fresh swing high and i see this a small consolidation. RSI is showing a divergence as well as last 2 days volume rising with fall in price, so i guess the downfall may continue for days to week but key levels according to me where this scrip might reverse is 410 & 392 (Monthly Pivot & Resistance).
Look for buying opportunity when there is a green candle with strong volume near those key levels
Look for buying opportunity when there is a green candle with strong volume near those key levels
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