AMBUJACEM take Overbought zone to keep watch if break directly or pullback 38.3 retrace then break Upward
Dont enter trade now keep wait for pullback
Enter Above 235. 50 to 237.50
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk ...
Ok i see a reverse Head and shoulder in Daily chart here.
Also 237 is very strong support zone......Stock should bounce from this level
Entry would be above 242 and target is around 256 - 258
I hope you can now see how Ambujacem CHART Pattern represents an excellent low risk profit entry setup allowing you to trade. Hence the low risk profit entry setup. You will also have seen with the correct price you can determine your entry and exit with high levels of accuracy ensuring the risk/reward is always in your favour..
We want your feedback, and ...
Hi All ,
No naked put/call buy/sell
Following is strategy:
Buy March 255 call 1 lot @ 6.25
Buy March 255 put 1 lot @ 7.25
i.e total 13.5 Rs
What say folks it won't move 15 point in this month ? let option writers figure it out , one of the writer is wrong .
No over leverage and buy 5 lots,just stick with 1 lot.
options are risky , risk of capital ...
AMBUJACEM has been trading within a parallel channel since a year.
260 and 274 could be very important levels and could determine the direction of trend in coming days.
We can clearly ascertain from the chart, Ambuja cement is resting on 61.8 line, trying to breakthrough, seems it's weak effort. Am expecting fresh bullish momentum to upside reaching around 250's zone with stops around 238's.
If you go more keen on 15mins you can see channel's in Ambuja, As I usually say try as per your plan, just giving out one of the ways here ...
After a long time the shark is returning in our trade setups but this is not solely based on shark on 15 mins, we get other supportive points also , Elliott counts & trendline break in Ambuja cement points downside, choose whatever you wish to. But always choose one & trade based on it, if you combine all this n choose , you will take trade in one setup & place ...
With the cement Industry growing day by day, can Ambuja Cement breakout from the narrow band? RSI and MACD shows positive signs. Stock has seen heavy +ve volumes in the recent weeks.
First Tgt - 280
SL - 235
Hi! I trade NSE stocks using Demand and Supply zone strategy, mostly in Weekly time frame.
Here's a trading plan for AMBUJACEM
Weekly location: Equilibrium
Daily trend: Up (Let's go long)
Hourly zones: Demand zone marked on chart
Entry: Type 2; i.e. Wait for 1 candle to close inside zone and buy at next green candle
Trade duration (max): 2 week
Note: ...
Ambuja Cemnts touching its long term support 236.90 and has retraced to 61% fibo extension, also forming a falling wedge which combines an analysis that stock is ready to breakout upward, risky trader may enter this stock at CMP and conservative traders may enter after breakout of wedge upward 247.00, this stock may retest the former level of 280.57 in near term.
