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vikramsthakkar
Dec 19, 2017 3:13 PM

Ambuja Cement Bullish close @ Demand Zone with Bullish Divergenc Long

AMBUJA CEMENTS LTDNSE

Description

Buy Ambuja cement in range 268-270 stop loss 262 Target 282-284-289

Rationale: Bullish close @ Demand Zone with Bullish Divergence, Rise in volume on hourly chart with falling trendline breakout.
Theres immediate resistance @ 272-275 (50DMA & Gap supply, once taken out expect targets to achieve)
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