Ambuja: Building strong foundation for next moveAmbuja is in consolidation. Strong rejection at 260.
A strong close above 260 would give a move towards 300.
Levels marked on chart.
AMBUJACEM
#JKLAKSHMI #AMBUJACEM #SHREECEM #INDIACEM #ULTRACEMCO #RAMCOCEMNSE:JKLAKSHMI
#JKLAKSHMI
CMP: 345.35
Target: 395 ++ {HOLD for higher UP SIDE!}
SL: 327
Time Frame: ~ 1 month
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Economics of AmbujaCemThe analysis is given on the chart
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AMBUJACEMAmbuja cement is in a consolidation phase keep in watch list
View positive avobe 239 with a stop-loss of 231
AMBUJACEMENTS trendlines retestAMBUJACEM has retested its 2-year trendline and made a bullish candle for the day, with a good amount of volume. It has taken support from uptrend line as well as at 38.6 levels of the previous upswing. We can expect a good move from here.
Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing.
Happy Trading.
Ambuja Cement - TrendLIne Support - @mayurdharod NSE:AMBUJACEM is at trend line support. An opportunity to buy here. Stop loss at 224 and can go short below that on confirmation.
1H breakout Ambuja cements Long/buyAmbuja cement is in a Strong uptrend in weekly charts going with that Idea we are taking a long entry in a shorter time frame.
Ambuja cement has given a Breakout in hourly time frame with movements in volume. The second reason to go long is that the stock has taken support twice at the 0.382 levels of the fibo and has formed a double bottom at the respective levels. 3rd reason to enter the trade is that the overall sentiments for cement stocks in the market are positive.
All the above reasons are purely based on price action not taking any Technical indicators in use. you can confirm the same levels using the technical too. Hope you like the analysis
And Please leave a like if you find it helpful Also I would love to hear your views regarding same.
Ambuja Cement : Target 268, 300The stock has taken support at lower trend line at 246. Now it will head towards it's upper trend and might reach at 268 withing 5 trading sessions. If it breaks that trend then stretch your target for 300. You can bet it as a swing trade. All the best.
AMBUJA CEMENTS Trading SetupDistribution while in uptrend and declining volume. Chance of doing some more correction.
AMBUJACEMTrendline and the specially designed volume action analysis suggest a bearish run on the AMBUJACEM.
The background with light green color are indication for bulls taking the position and the Light red background suggest Bears are dominating in the region.
This is my current week analysis on AMBUJACEM.
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**DISCLAIMER
There is a very high degree of risk involved in trading. Past results are not indicative of future returns. I assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles and all other features are for educational purposes only and should not be construed as investment advice.
AMBUJA CEM RANGE BOUNDAMBUJA CEMENTS IN RANGE - BREAK OF RANGE WILL GIVE GOOD MOVE
MT VIEW - LOOKS MORE ON UPSIDE
#Oct12 - AMBUJACEM (intraday)The stock has been consolidating for some time now. And also created a clear triangle pattern if broken can give an amazing momentum.
These are the levels:
Buy above 240.55
Sell below 238
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
Ambuja Cementa. Zone: Strong Bull
b. Resistance 1: 228.50
c. Resistance 2: 231.70
d. Support 1: 220.80
e. Support 2: 220.15
NSE:AMBUJACEM
AMBUJA INVERTED CUP & HANDLE BREAKDOWN ALERT [EDUCATIONAL]Ambuja cement gave breakdown on inverted CUP AND HANDLE pattern in previous day session. Suggestion is not to short even if it looks very lucrative and clear breakdown. Some of the observations which are very imp as per technical analysis.
1. Good Volume is missing
2. 200 dma is just below the breakdown candle. (security may bounce in some cases and hampers R:R as well)
Alternatively, we should wait for the testing of neckline. A short may be initiated when forms a good bearish or shooting star near neckline
(volume and 200 dma is to be considered as well that time)
0.382 About to Break in Ambuja Cement_Sep FutureAmbuja Cement has bounced back from the lower channel and moved towards 0.382 Fibonacci retracements. One can go long if it crosses 211.30 with a stop loss at 206.60.
