i shall try to analyze Ambuja cements on Weekly , daily and 4 hourly chart
On the weekly chart shown above ,Inferences are
1) The weekly trend is down (with potential break down below 189)
2) The potential supports on Weekly chart is shown & has a powerful support at 189-195 levels (dotted lines)
On the weekly chart shown above ,Inferences are
1) The weekly trend is down (with potential break down below 189)
2) The potential supports on Weekly chart is shown & has a powerful support at 189-195 levels (dotted lines)
Note
On the daily chart , the inferences are1) The trend is down
2) There is a potential resistance @ 205
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.