MOHIT09

A swing trade with a 1:1 risk to reward ratio

Long
NSE:AMBUJACEM   AMBUJA CEMENTS LTD
Trend breakout in AMBUJACEM BUY: 217.45, SL: 205, TARGET: 230
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We can see a bullish candlestick Pattern i.e piercing line pattern at the swing low also a clear breakout of trend line with a bullish candle.
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Here we can get 1:1 risk reward ratio which is a good opportunity.
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Disclaimer: Do your own analysis or consult with your financial advisor before taking any action.
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-Mohit Rajani
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