i shall try to analyze Ambuja cements on Weekly , daily and 4 hourly chart On the weekly chart shown above ,Inferences are 1) The weekly trend is down (with potential break down below 189) 2) The potential supports on Weekly chart is shown & has a powerful support at 189-195 levels (dotted lines)
Please like and follow to get more updates ideas.. Levels are mentioned on the chart.. Know your own risk before invest.This is just my idea not an investment advise..
As shown in the chart, Reasons for buy @201 1) Divergence 2) touching the low of the value box shown 3) other reasons - elliott wave pattern Stop loss - 180 expected Target - 222 Time frame 1 month Disclosure - I have personally invested in this stock @ current levels So i may be biased for long please do your own analysis
Short ambujacem tomorrow blw 203.50... For intraday look for 1% tgt with 1% sl & for 2-3 days view tgt 197.25 with sl 207.. it can be a good short look for levels..
The Stock has formed big W pattern which is the opposite of big M posted today. We can observe that RSI is showing Divergence One can trade the stock in the following manner :- Entry current Price 214 SL 207 or below of 204 (Closing) depending upon the risk you want take in this trade Target 235 Risk/Reward Ratio 3.5 Disclaimer : All ideas are my personnel...
Short AMBUJACEM below 204.50 T1: 194.50 T2: 189.50 T3: 182.50 SL: 215.50
Buy ambuja @ the current levels Both fundamentals and technical look attractive .........
AMBUJA CEMENT can turn bearish if breaks trend line(blue) Follow NEVADA_TRADING to get notification at e mail - for all new Trading idea's AMBUJACEM is available at FUTURES AND OPTIONS .
#BUY AMBUJACEM (AMBUJA CEMENTS LTD) ABOVE 222
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...
AMBUJA CEMENTS WEEKLY TRADE FUTURES TRADE BUY @202.5 STOP @197 TARGET 1@208 TARGET 2@212 LOT:2500 QTY:2 HAMMER FORMATION AFTER A BIG DELCINE IN FUTURE CHARTS
ALL MENTIONED IN CHART LONG WITH SL 205
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...