Ambujacement
DAILY SWING CALL // Friday 28th of May 2021 // NSE: AMBUJACEMDAILY SWING CALL // Friday 28th of May 2021 // NSE:AMBUJACEM
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 330
TARGET: 380+ (15% Around)
STOP LOSS: 297 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
Ambuja Cement - Swing and Long Simple and basic analysis ---
Symmetrical Triangle Formation
in up trending stocks Ambujacem with
good support of 50 moving average.
Safe investor Can wait for breakout for
confirmation for Target of ₹330
swing trade
And risky trader can buy on dip
Note : Not a Trade Tip or call, Just my Point of view on my analysis
ambujacem view for 25/05/2021NSE:AMBUJACEM
Moving up by respecting the up trendline. 330 levels is the all-time high. if it opens flat or slight gap up and we get a 15min breakout close above 330 it can give good upside momentum. If it opens above the levels trade only after checking the price action.
It is gorming a good HL HH formation.
Book prifits at important pivot levels
ambujacem view for tomorrowNSE:AMBUJACEM
Shared the chart yesterday. It gave a breakout from the channel and is moving higher by respecting the trendline.
I am still holding this for tomorrow. If i am not getting a good opening or the trendline is broken on the 1st 1hr i will be exiting my postion.
its making a morning star pattern at the trendline on 15min timeframe which is a bullish reversal set up.
Ambuja Cement on a big runA weekly breakout with 270 as a stop loss and trend can touch to 450-500 levels.
*****
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Always keep a stop loss to rescue you out of troubles and trail the stop loss as the price rises.
Disclaimer - This post is for educational purpose only. Please consult your financial advisor before taking any position.