Mark this levels, cements sector rotation. Plan accordingly
Result on Tuesday 26th Oct’21, can see a pullback till 400. 400 has a highest call writers it won’t be able to cross. Buy for results play with SL - 370.
After a rally , AMBUJA cement is under a healthy consolidation and can give a lucrative breakout. Keep eye on it
A very good head and shoulder pattern ... a very good short target of 3-4% under 405 .
NSE:AMBUJACEM Trade Setup for Date 23-09-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid...
AMBUJACEM bullish price move expect to minor target first when break the minor target and histroical primary resistanceline goto all time high histroical target
NSE:AMBUJACEM Observations: 1) On Daily time frame it reversal and break 21DMA and closed above it. But it is below it's nearest resistance range of 410-415. Please refer below chart : daily time frame. 2) On 1hr time frame, you can see this resistance range 410-415 giving resistance multiple time and only one time it has broke it but couldn't able to...
NSE:AMBUJACEM has formed a triangle and gave a breakdown. It has again come for retest now. Has good risk to reward.
Entry on Pullback AMBUJACEM Buy -Above 410 Sl -405 Target - 423 Duration- Intraday Or BTST.
A Hammer pattern is seen on the hourly timeframe. Even though we can see a ascending triangle, the bullish volumes are reducing. A long can be possible only when we can see it above 407-408 levels. A Short can be possible when it breaks the trendline and till T1-393, T2-383. Next week can help us get more info on this.
Ambuja Cements is in Pole with Flag Pattern and it is consolidating and it will break the range. If it breaks 415 level with good volume one can go long with minimum risk
The stock has still potential to go up as is shown on charts. The rising volume and RSI indicate the same. See chart for target
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade. The above references as an opinion and is for information purposes...
Set your stop loss of approx 50 rupees in NSE:AMBUJACEM as it is on its weekly breakout it may give you a very big profit in an uptrend. Set Your target by trailing stop loss. Move forward as the stock will go further.
AMBUJA cement channel pattern breakout. Trading at ATH now. Looks good for swing traders..
SELF EXPLANATORY!! This is not a trade recommendation its for learning with the community. please use discretion. Your Money, Your Risk and your responsibility. comments are welcome...
Ambuja cement can test 356 as per parallel channel