AMBUJACEM
AMBUJACEM - POWERFULL RANGE CONSOLIDATIONThis chart shows the AMBUJACEM - POWERFULL RANGE CONSOLIDATION between 219 - 255
You can look for buying opportunities above 219 .
Target can be set to 225 .
Stop Loss can be below 218 .
Beware : Please keep in mind and stay away from False Movements
Also this is not any recommendation. Trade at your own risk.
AMBUJACEMIntraday Trade Setup
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Buy AMBUJACEM above Rs .190.50 for the Targets of Rs . 194 - 196 ++ .....
Stoploss Rs . 188.50 ....
**Note-> Buy only if 15min Candle closes above 190.50 ...
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Thank you,
Vishwajeet Sharma
Ambuja - Showing strengthGood strong recovery, a triangle pattern on the daily chart, stock at resistance, a very strong green candle on Friday breaking and closing above the triangle pattern, bullish RSI divergence, economic activity commencing leading to spurt in pending infra projects being taken up on priority... how many more reasons do we need to enter the stock if not already done. Go long above 194.85 for an immediate target of 205 where there are multiple resistance points. Once that is taken out, the stock can quickly head to 217.50 .... SL 188.00
AMBUJACEM 1hr analysis. Possible down moveHello Trader, Here is the full analysis of :
1) On 1hr chart we can see it as formed Crab pattern and possible reversal expected.
2) Price is near strong resistance zone and can test this zone for up move and if it fails then on basis of Crab and strong resistance one can look for short.
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Ambuja cement can be taken for long entry.Resistance level of 191 has been broken by Ambuja Cement. This stock can be taken for long entry till 205-207.
Add the stock in your watch-list & check the given level. Always do trading as per your Reward to Risk ratio only. Please keep patience & wait for the levels. The idea sharing is for educational purpose only.