NSE:AMBUJACEM Observations: 1) On Daily time frame it reversal and break 21DMA and closed above it. But it is below it's nearest resistance range of 410-415. Please refer below chart : daily time frame. 2) On 1hr time frame, you can see this resistance range 410-415 giving resistance multiple time and only one time it has broke it but couldn't able to...
NSE:AMBUJACEM has formed a triangle and gave a breakdown. It has again come for retest now. Has good risk to reward.
NSE:AMBUJACEM ambuja cement can give breakout or breakdown in next 2 or 5 session
Buy @397, SL-394, TGT-401/402 Sell @394, SL-396, TGT-390
Entry on Pullback AMBUJACEM Buy -Above 410 Sl -405 Target - 423 Duration- Intraday Or BTST.
A Hammer pattern is seen on the hourly timeframe. Even though we can see a ascending triangle, the bullish volumes are reducing. A long can be possible only when we can see it above 407-408 levels. A Short can be possible when it breaks the trendline and till T1-393, T2-383. Next week can help us get more info on this.
Ambuja Cements chart analysis for intraday and swing trading
In a prober down trend strategy : Sell on Rise. Channels defined. Levels Plotted. Like... Share ... Follow...
Ambuja Cements is in Pole with Flag Pattern and it is consolidating and it will break the range. If it breaks 415 level with good volume one can go long with minimum risk
Trade with caution, appropriate risk management and position sizing.
AMBUJA cement channel pattern breakout. Trading at ATH now. Looks good for swing traders..
KEEP EYE ON THIS SHARE CHANNEL BREAK OUT MORE THAN 15% RETURN CAN BE SEEN
Ambuja Cements Given Breakout Once can go long with minimum risk
SELF EXPLANATORY!! This is not a trade recommendation its for learning with the community. please use discretion. Your Money, Your Risk and your responsibility. comments are welcome...
If AMBUJACEM shows bearishness and breaks the trendline one can short it with small QTY as it is against the trend. (for educational purpose only)
Looks good for a quick option. Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade Check these Upcoming ideas - STILL ACTIVE Check these successful trades & approach on Britannia , Mothersonsumi , DLF , Biocon , Daawat , Infosys , HBL power , HDFC life , Hind ZINC given below If you like my...
Ambuja Cements is forming a staircase since Jan 2021 Chart is self-explanatory To encourage my work, give a like and show your support. Thank you! Please stay safe. Happy Trading! Regards, Segan