Ambuja Cement - Good Investment bet
Updated
AMBUJA CEMENTS LTD; CMP: 676.50; RSI: 54.95
Infrastructure push from government of India and consolidation in a cement sector, makes Ambuja cement a good buy at the current market price. One should accumulate at current price and wait for a long term to see the share multiplying their investment. For the short term targets visible on charts are,
Target-1: 732
Target-2: 796
Stretched target: 902
Stop Loss: 570
Infrastructure push from government of India and consolidation in a cement sector, makes Ambuja cement a good buy at the current market price. One should accumulate at current price and wait for a long term to see the share multiplying their investment. For the short term targets visible on charts are,
Target-1: 732
Target-2: 796
Stretched target: 902
Stop Loss: 570
Comment
Good time to accumulate Ambuja Cements as an an investment bet. It has taken support and trading near to the same and revalidated the strength in the script.Trade closed: stop reached
Stop Loss Triggered
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