Looking good for short opportunities once the trendline is broken can give a nice momentum as it's been a buying trendline.
Please do follow me for more such trades nd do check out my previous analysis.
The stock has given a nice break down of the Head and shoulder pattern.
The markets are in the negative and the stock has given 40% (approx) returns in 30-35 days time.
Stock has broken the neck line of the of the pattern and closed below it.
The stock has closed below its 50% Fibonnaci levels.
Wait for the stock to retest the price level of the neck line and...
AMBUJACEM : Triangle pattern
its trading at triangle patter on daily time frame. also given breakout of Hourly triangle.
Its good to me near retest level of hourly TF & near support. Risk reward ratio is favaroble.
I will wait for bullish Candle near support.
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Disclaimer
I am not sebi registered analyst
My studies...
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...
Hi All ,
No naked put/call buy/sell
Following is strategy:
Buy March 255 call 1 lot @ 6.25
Buy March 255 put 1 lot @ 7.25
i.e total 13.5 Rs
What say folks it won't move 15 point in this month ? let option writers figure it out , one of the writer is wrong .
No over leverage and buy 5 lots,just stick with 1 lot.
options are risky , risk of capital...
![AMBUJACEM: AMBUJACEM [ POSITIONAL ] BEARISH setup](https://s3.tradingview.com/k/kHQ7IJIv_mid.png "AMBUJACEM [ POSITIONAL ] BEARISH setup")
