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.
Ambujacement
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.
Ambuja Cement testing 3 yearsm highThe resistance is offered this time by the previous high made by the stock and also the same high that it made in '18.
If the resistance is broken, we can see a good move. Cement stocks are in action with the budget just around the corner.
Keep this on your radar.
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NSE:AMBUJACEM