AMBUJA CEMENTS LTD
Updated

Ambuja Cement: Is there life in this cement?

1 732
Technical Analysis :

Strength : Weak
Chart Type: Daily
Chart Pattern : Ascending Triangle
RSI : Above 50
Price : Above 20 MA and below 200 MA
View: Breakout and Positive results
Targets : 415, 426, 437, 450
Supports : 394, 375

The price is currently below the 200-day moving average. This suggests that there is a possibility that the price may not move soon, but instead slowly move up.
Note
415 & 426 : Achieved !
Note
437 : Achieved!
Trade closed: target reached
450 : Achieved!

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