Trend is in Sideways and based on pattern analysis if price drops to 198.5 then a long position can be taken with possible target of 217 DISCLAIMER : All the articles posted are for analysis purpose only , any trade taken shall be under your own analysis and risk
Hemraj Prajapat Trade Plans: Sell Below 209 with the stoploss of 210.7
Ambuja Cements - For Long and Short target given in the chart.
The Stock has formed big W pattern which is the opposite of big M posted today. We can observe that RSI is showing Divergence One can trade the stock in the following manner :- Entry current Price 214 SL 207 or below of 204 (Closing) depending upon the risk you want take in this trade Target 235 Risk/Reward Ratio 3.5 Disclaimer : All ideas are my personnel...
Ambuja Cement is moving to different targets The targes are actually the intermediate support/resistance. Our T1 already achived. T1 - 212 T2 - 208 T3-205 Understanding : When we observed Ambuja Cement yesterday, we found that it was on a resistance point. How to know that it is a resistance point ? We see if it is trying more times to go above a point and...
Trade Plans: Buy Above 218.75 with the Stop Loss of 216.7
Short AMBUJACEM below 204.50 T1: 194.50 T2: 189.50 T3: 182.50 SL: 215.50
Short Ambuja Cement Cmp - 204.40 -206 Traget - 203.75 - 202.50 - 201.50 '' Note - all levels are for educational purpose please analyse before taking position
#BUY AMBUJACEM (AMBUJA CEMENTS LTD) ABOVE 222
Avoid long in Ambuja. Chart posted are purely educational and learning purpose not recommending to trade.