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Ambujacement

1H breakout Ambuja cements Long/buyAmbuja cement is in a Strong uptrend in weekly charts going with that Idea we are taking a long entry in a shorter time frame. Ambuja cement has given a Breakout in hourly time frame with movements in volume. The second reason to go long is that the stock has taken support twice at the 0.382 levels of the fibo and has formed a double bottom at the respective levels. 3rd reason to enter the trade is that the overall sentiments for cement stocks in the market are positive. All the above reasons are purely based on price action not taking any Technical indicators in use. you can confirm the same levels using the technical too. Hope you like the analysis And Please leave a like if you find it helpful Also I would love to hear your views regarding same.
NSE:AMBUJACEMLong
by Ajuba1205
4
AMBUJA INVERTED CUP & HANDLE BREAKDOWN ALERT [EDUCATIONAL]Ambuja cement gave breakdown on inverted CUP AND HANDLE pattern in previous day session. Suggestion is not to short even if it looks very lucrative and clear breakdown. Some of the observations which are very imp as per technical analysis. 1. Good Volume is missing 2. 200 dma is just below the breakdown candle. (security may bounce in some cases and hampers R:R as well) Alternatively, we should wait for the testing of neckline. A short may be initiated when forms a good bearish or shooting star near neckline (volume and 200 dma is to be considered as well that time)
NSE:AMBUJACEMShort
by Retailer_ki_dost
3
Stock Analysis of Ambuja CementIn a daily chart, Ambuja Cement is looking very bullish. Historically, the stock takes support on 21DEMA and on last trading session the stock did the same thing and today it gave opening in green. As you can see the price is facing the resistance of the upper trend line. Today stock touches the upper trend line but failed to cross due to lack of buying volume. The stock can try again to break the trend line and horizontal line, which is working as a resistance. If stock sustains above the resistance lines, then the stock can go up to ₹237.05. RSI is between 50-60 so the stock is not in overbought zone and can go up if gets good volume.
NSE:AMBUJACEMLong
by mr-sky
Ambuja - Showing strengthGood strong recovery, a triangle pattern on the daily chart, stock at resistance, a very strong green candle on Friday breaking and closing above the triangle pattern, bullish RSI divergence, economic activity commencing leading to spurt in pending infra projects being taken up on priority... how many more reasons do we need to enter the stock if not already done. Go long above 194.85 for an immediate target of 205 where there are multiple resistance points. Once that is taken out, the stock can quickly head to 217.50 .... SL 188.00
NSE:AMBUJACEMLong
by s.arun.natesh
AMBUJACEM 1hr analysis. Possible down moveHello Trader, Here is the full analysis of : 1) On 1hr chart we can see it as formed Crab pattern and possible reversal expected. 2) Price is near strong resistance zone and can test this zone for up move and if it fails then on basis of Crab and strong resistance one can look for short. How can you support me: 1) Like my idea. 2) Follow me for more analysis Feedback: Please share your feedback in comments and this will help me to improve my drawing and analysis
NSE:AMBUJACEM
by technicalwhale