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Ambujacement

AMBUJA CEMENT LTD : ISME JAAN HAI LONG TERM CALLOne of the India's leading and oldest cement manufacturing company and well known brand of Middle Class Segment of our Country AMBUJA CEMENT, had shown some sharp declined in Jan 2023. However buyers are back and the chart is in the Demand Zone. Let us analyze signals we are getting from chart. 1. The Stock has already faced rejection from both Distal line and Proximal Line of the Demand Zone as marked in circles in chart. 2. The chart is forming three back to back Hammers on Weekly time frame. 3. RSI is 33.30 ( under bought) on weekly timeframe. 4. The chart is in the formation of Three Bottom Pattern as shown as A, B and C on daily time frame. 5. Total Volume of trading in last three trading days is over 36 Millions. 6. Two days ago , Ambuja Cements Wins Bid For Uskalvagu Limestone Block , Orissa thus attracting Institutional Investors. The entry level and the Targets are marked on the chart. This is a long term trade plan. Conservative Traders must enter the trade only after price action @ 353 and 399 . Thank you for boosting my studies , and it is motivating me a lot to share more analysis with Trading Community. Best Wishes !!
NSE:AMBUJACEMLong
by chakraveer1104
AMBUJA CEMENTS - DAY CHART - 06.12.22 - BAHAVAN CAPITAL AMBUJA CEMENTS as per day chart analysis Stock ABOVE 585 TARGET 590. As such the market is volatile with FII 635.35 Cr and DII 558.67 Cr being Net seller for Today (06.12.2022) For all the followers and for those who have liked my ideas. I thank them for their support. And i will continue to post the charts. No matter what who post the charts always analyze before your entry and exit. Happy Profitable Trading to All...
NSE:AMBUJACEM
by UnknownUnicorn19608572
AMBUJA CEMENT case studyAmbuja cement have give a phenomenon rally from level of 150 to now around 600 levels, almost 4 times in last 2 years, Counter is now trading around 592 levels which is life high levels for the counter, Bearish equivalent harmonic ABCD pattern formation with maturity level around 580-611 levels, now any upward journey in counter should be used to exit your long positions , as harmonic study suggest that counter might face resistance around levels of 590-611 levels, any weekly closing below 580 levels would confirm the trend reversal in counter, RSI have bearish divergence on weekly time frame with respect to price. Fresh investment only suggested above 630 levels on weekly closing basis or wait for a dip till levels of 485-444. Time to be cautious in your investments in this counter.
NSE:AMBUJACEM
by RUDRA007
Ambuja Cement: Chart set up, view and trade potential Ambuja cement We are looking at weekly chart of Ambuja Cement - weekly closing high 539.35 - low made thereafter 471.05 The stock has possibly done its short term target on the upside (Jitna neeche utna ooper) View: Rangebound Given the set up one may consider a Bear Call Spread strategy Sell 560 Call option currently around 8.3 Buy 600 Call option currently around 3.1 Lot size 1800 Net receivables Rs 9360 per strategy lot Margin requirement approximately 91K Profit potential approximately 10.25% on Margin till 24 Nov 2022. Protection for a rise up to 565.2 till 24 Nov expiry. Review point for me, If weekly close is above 544. It gives ample scope to adjust / exit in case stock behaves in a different way. Do follow your risk management measures Take care & safe trading...!!! Like and follow for more trading ideas like this Disclaimer -The view expressed here is my personal view - Past performance is not a guarantee for future predictions - I have been wrong in the past and can be wrong again in future too - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - if trading in F&O, understand that F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need be
NSE:AMBUJACEM
by indiamarketoutlook
Ambuja Cement : An interesting possibility of cup-handle patternI am seeing an interesting possibility in NSE:AMBUJACEM . The price-action has the following characteristics: It's creating an ascending triangle pattern over weeks - bullish A very long rounding-bottom/saucer pattern formation is completed. It's near to the price breakout. Volumes, Cumulative Open interest long buildups all are fine. No issue: Bullish indication Now I can postulate two possibilities: If price stays above the horizontal trendline at CMP decisively, the possible higher range breakout is done and its clearly going to go up (shown by a slanting up arrow) There is a possibility price will retrace back at the ascending line of the ascending triangle then it will come upto the hand-drawn circle in the chart. Then we need to see if its able to create a Cup-and-Handle pattern from the saucer pattern and get a nice breakout later on. Which I am applying an interesting Time Series prediction algo (ECHO by LuxAlgo) with cumulative predictive method - I am seeing it's going to be a Cup-and-Handle and then a breakout towards Dussera timeframe. (I know people will laugh at me ... I am just seeing it in the chart by predicting naively the future price looking at the previous price patterns using the TimeSeries prediction with cumulative averaging. Two additional factors to remember: Overall, market shows a short term trend reversal. However, Cement sector is very strong. So lets see another 1/2 days of price action before jumping into it. Overall: I am bullish .. now or after Dussehra (Oct 1st week).
NSE:AMBUJACEM
by pradipandsuvra