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.
Trade active
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Trade active
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1st target completed. Looking strong for 2nd target with merger news with ACC.
Trade closed: target reached
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2nd target completed. Closing the trade. One can maintain trailing stoploss and continue. Please be careful in the range 270- 275.