AMBUJACEM take Overbought zone to keep watch if break directly or pullback 38.3 retrace then break Upward Dont enter trade now keep wait for pullback Enter Above 235. 50 to 237.50 Disclaimer: The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade. The...
I recommend buying Ambuja Cements @ 225-228. Ambuja cement was in a downtrend but i feel a reversal has happened. Around 195-197 it bounced . so now breaking previous high it is looking to break 245-250 levels. After struggling around 212-215 levels it broked it . The bulls seems to be in control.
Long AMBUJACEM next expiry it will rock
Has Cement sector bottoming out like pharma? here are 7 cements with the divergence. ULTRACEMCO--> RAMCO CEM--> near long term support JK LAKSHMI CEM--> MANGALAM Cem--> ORIENT CEM--> AMBUJA CEM--> INDIA CEM-->
AMBUJA CEM has been moving around the neckline for a month. After a huge leg up ,retesting it again.
Ok i see a reverse Head and shoulder in Daily chart here. Also 237 is very strong support zone......Stock should bounce from this level Entry would be above 242 and target is around 256 - 258
In Short term should see levels of 230 before falling to 214-218 lvls above which will go long for higher levels of around 300
AMBUJACEM has been trading within a parallel channel since a year. 260 and 274 could be very important levels and could determine the direction of trend in coming days.
AMBUJA CEM has been respecting the neckline for a while making smaller arcs. Awaiting breakout/reversal on account of results.
Hi! I trade NSE stocks using Demand and Supply zone strategy, mostly in Weekly time frame. Here's a trading plan for AMBUJACEM Weekly location: Equilibrium Daily trend: Up (Let's go long) Hourly zones: Demand zone marked on chart Entry: Type 2; i.e. Wait for 1 candle to close inside zone and buy at next green candle Trade duration (max): 2 week Note:...
We can go long on ambuja cement at cmp 220 with sl at 216.40 for target 229.90 and above in the next 3 trading days.
AMBUJACEM LOOK LIKE AN UPSHOT. RESULTS COMING SOON , SL=243.50
AmubjaCement is ready to go higher from current levels.. After completing the correction the stock is ready to move higher. One can go long on the stock at current levels with stoploss just around 240 for the Target of 300. Its a nice risk reward trade.. Happy Trading!!
I don't know why its raining patterns everywhere... Just one short caution : Trade patterns only if you are well-versed with it and if you know its success ratio. We got bullish bat pattern completion in Ambujacem exactly in support zone ,similar one we got in ashok leyland also. GSTbill looks good for cement and auto's, so I'm expecting gapup, though in Nifty I...