If AMBUJACEM shows bearishness and breaks the trendline one can short it with small QTY as it is against the trend. (for educational purpose only)
ambuja cements resistance/support intraday strategy
The trend is respecting every Higher Lows, did not breach or breakout from the higher lows in every impulse scale. Uptrend Confirmed. Buy at Dips between Rs. 330-336, Target 350, Stop Loss 320.
DAILY 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:...
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
NSE: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
NSE: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...
Buy on 1hr chart if u want an early entry but a safer bet would be on the D chart with RSI above 62 only for no divergence pattern ...... Happy trading :)
Can buy Ambuja Cements Ltd (NSE Cash) LTP: 312.10 Support: 303.80 Resistance: 319.85 / 326.00
Long Ambuja between 310-315 TGT 340 SL 303 . Good rounding pattern formation seen in the stock. Good risk to reward trade. This is for your educational purpose only.
A weekly breakout with 270 as a stop loss and trend can touch to 450-500 levels. ***** Please support the effort & if you feel it deserving, do appreciate it with a Like and following me would only add on to the motivation. I believe in keeping the chart simple for easy interpretation. Kindly express any disagreement & improvements so that we learn & earn...
HIGHLY BULLISH ON AMBUJA CEMENT
We posted this analysis on April 1st. It went exactly we predicted. Price action is 🔥
* Longer the Consolidation stronger the Breakout . * 06 years Log consolidation breakout in monthly chart and also made big marubazu candle that gives more confident in bullish view . Kindly Let us know if you have any question.
The stock can bounce from this level.
Buy Ambuja Cement At Cmp 294.9 Strict SL - 240 (WCB) Target - 430++++ Best Buying Price To Accumulate - 288-280-272