MAYA_MUMBAI

Complete analysis of Ambuja cements on Multiple time frame

MAYA_MUMBAI Updated   
NSE:AMBUJACEM   AMBUJA CEMENTS LTD
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)

Comment:
Comment:
On the daily chart , the inferences are

1) The trend is down
2) There is a potential resistance @ 205
Comment:
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