As you can see, the Red candle that formed today didn't have many sellers to drive the stock down. & it maintained right on the top side of the trendline, hinting for a higher breakout chance. Wait for Adani to break out, and this will stock will too!
NSE:AMBUJACEM THE stock at a good WTF support level with 0.5 fIB Zone RSI at a 40 support good good to trade if candle closes good
AMBUJACEM @ 349 - Analysis on 20-Feb-2023 As long as 271/132 holds support, We can see 586, 777-823, 1089-1133 in the long run.
I have tried to do a multi time frame analysis of Ambuja Cement chart by going into history of price pattern and what can be in store in coming days. Just try to cut the noise and read what price behaviour is telling us No reco for Buy & Sell
Company's Strength :- Effectively using its capital to generate profit - RoCE improving in last 2 years Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year Efficient in managing Assets to generate Profits - ROA improving since last 2 year Company with Low Debt Strong cash generating ability from core business - Improving Cash...
AMBUJACEM first break pennant pattern with weekly trendline in june month . then it formed ab=ce pattern for sell then it give again confirmation with triangle and pennant breakdown.
no trading zone marked target marked have both side potential it can formed W pattern or it can break the previous low follow your risk management
AMBUJACEM making C&H pattern on daily time frame. Long only after closing of daily candle above resistance zone. Trade as per your setup and price action.
Inverted H&S pattern Buy n targets mentioned in charts
Ambuja cement 15 min may take support of trend line & demand zone. buy opportunity near 565-567 SL & target level marked on chart. Note: only for learning, trade at your own risk.
AMBUJACEM:- 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...
Ambuja is moving on parallel channel and crossed 555 levels in closing basis at Friday. Next Target for Ambuja is 585/600. So keep an eye in this.
Risky short trade. A red candle in yellow zone will only activate the trade. Else can be ignored. Can get few quick points in correction leg.
#AmbujaCement BB BO and strong RSI is seens in daily TF Can be taken for 580/610 CMP 540 SL 508
Ambuja 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...
Ambuja Cements - Clear VCP Pattern at Play Break on upside abv 525 will take the journey till 585 Break on downside below will take the journey till 480 Sl of each other for both the sides Risk reward 1:1 downside or 1:4 upside
inverted 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
Binet Formation and gave a support above the previous High This led to a swift rise from 393 to 585 in a span of 16 sessions! Power of compression