Resistance level of 191 has been broken by Ambuja Cement. This stock can be taken for long entry till 205-207.
Add the stock in your watch-list & check the given level. Always do trading as per your Reward to Risk ratio only. Please keep patience & wait for the levels. The idea sharing is for educational purpose only.
IT IS MAKING BIG DOJI CANDLE ON TOP OF BULL FLAG TRENDLINE LET IT CLOSE IT MAY FALL TO LOWER LINE OF FLAG APPROX 205 THEN IF BROKEN FURTHUR IT WILL FILL GAP AS SHOWN
#Ambujacem Target 235, SL 205 (Cash Positional)
Twitter @andibhatt
1. All levels are given in cash.
2. Calls are positional.
3. Positional means 2 to 4 weeks' time.
4. Always follow Stop Loss.
Tweets are for educational purposes, Not recommending anything to anyone. Just watch levels. Levels are in CASH. Buy or sell calls will be only triggered above the...
AMBUJACEM Entry at 210.65
Stop-loss 215
Target 189
Risk/Reward 1: 5
Risk 1.90% Reward 10%
I'm a risk-reward maniac, and I am willing to sacrifice my accuracy over high reward. I am following Higher Time frame trends and buying pullback and selling rallies on the daily chart. So my small stop-losses are going to hit more often than my targets.
I learned in a...
Ambuja cements is broadly moving in the range between 183 to 225
But presently there is a sudden down move from 210 High..
How to know whether it is part of a corrective move or is it an impulsive move ??
How to know whether the present down move from 210 is an impulsive move or a corrective move ??
To know that we have to check the previous upmove from 183 TO...
MOMENTUM TRADE IN AMBUJA
VIEW
-BROKE OUT OF SYSMMETRICAL PATTERN
-RETEST THE BREAK-OUT LEVELS WITH A PULLBACK
-ABOVE CRUCIAL RESISTANCE
-RISE IN OI + RISE IN PRICE
CHECK THE PREVIOUS IDEA
TRADE VIEW
DEC FUT
BUY@205
STOP@200
TARGET 1@210
TARGET 2@213
LOT:2500
QTY:2
MOMENTUM TRADE IN AMBUJA CEMENT
DEC FUT
VIEW:-
-RISE IN PRICE+RISE IN OI
-BREAKING OUT OF SYMMETRICAL PATTERN
-MOMENTUM STRATEGY APPLIED
TRADE VIEW:-
DEC FUT
BUY@205.5
STOP@202.5
TARGET@209
LOT:2500
QTY:2
