AMBUJACEM Positional trade setup
Updated
AMBUJACEM is moving in a channel.
It made a Doji near the channel support followed by Hammer.
Q4 results were also decent.
One can initiate positional long position with the stop loss of 234- 235.
1st target 251.
2nd target 268- 270.
It made a Doji near the channel support followed by Hammer.
Q4 results were also decent.
One can initiate positional long position with the stop loss of 234- 235.
1st target 251.
2nd target 268- 270.
Trade active
Trade active
1st target completed. Looking strong for 2nd target with merger news with ACC.Trade closed: target reached
2nd target completed. Closing the trade. One can maintain trailing stoploss and continue. Please be careful in the range 270- 275.
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