AMBUJACEM
AMBUJACEMAMBUJACEM:- formed ascending triangle pattern in daily time. keep on eye if breaks the levels 585.50 Go for long.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Ambuja Cement: Chart set up and trade potentialAmbuja Cement
- After a big euphoric rally the stock seems to be consolidating now in the yellow channel box
21 day EMA is around 500
53 day EMA is around 464 and rising by around 1 point
My trading strategy is for a range bound market scenario.
Giving a profit potential of 11% till expiry as well as keeping loss limited
For details Like and message me
Take care & safe trading...!!!
Disclaimer
-The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
ultratech analysisinverted head shoulder pattern which is forming not completed and wave theory also supports that final move is pending in cement giant
downside risks are also present but upside is more likely can slip towards 5600 levels without disturbing the head and shoulder pattern but upside is inevitable
Ambuja Cement - Intraday trade Logic : Range breakout with volume
Entry : 372-376
Stop loss : 369
Target : 385
Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
Community Manager (India), TradingView
Ambuja Cement: RSI Divergence observedAmbuja cement
The stock has seen a fantastic rally in the last month
However, currently we observe RSI divergence. Stock may come down to 426/415 odd levels.
Given the set up, one may consider to sell Ambuja Cement 480 Call Option
The strategy gives protection for a rise up to 487.60 till expiry.
For risk management purpose, exit if Ambuja Cement closes above 466 on daily chart.
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Target 1 and 2 achieved in Ambujacem | 8% mover This idea is a follow-up to Ambujacem
You can check the Link to Related Ideas ( Detailed analysis done in 15th Aug Video )
Disclaimer: The information provided is for educational purposes only. Our intention is not to give any financial advice, don't take any decision without consulting your financial advisor.
AMBUJACEM : Triangle patternAMBUJACEM : Triangle pattern
its trading at triangle patter on daily time frame. also given breakout of Hourly triangle.
Its good to me near retest level of hourly TF & near support. Risk reward ratio is favaroble.
I will wait for bullish Candle near support.
Like, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing