Ambuja Cement: Is there life in this cement?
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.
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.
Comment:
415 & 426 : Achieved !
Comment:
437 : Achieved!
Trade closed: target reached:
450 : Achieved!
