*Ambuja Cement cmp 634 by Monthly Chart views since listed* *Ambuja Cement cmp 634 by Monthly Chart views since listed*
- Add the stock to your watchlist and Keep it on radar for new ATH Milestone in the making process
- *A Blast from the past to ponder upon. Is it like History going to repeat itself with the Rising Parallel Price Channel continuation ?*
Ambujacements
Ambuja CementCompany's Strength :-
Effectively using its capital to generate profit - RoCE improving in last 2 years
Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year
Efficient in managing Assets to generate Profits - ROA improving since last 2 year
Company with Low Debt
Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years
Annual Net Profits improving for last 2 years
Company with Zero Promoter Pledge
Company with decreasing Promoter pledge
FII / FPI or Institutions increasing their shareholding
indicates Strong Financials
3 year CAGR growth
Revenue 3.5%
NetProfit 8.5%
OperatingProfit 15.7%
Promoters released all pledges in Dec 2022 qtr.
Promoters holding remains unchanged at 63.22% in Dec 2022 qtr
Mutual Funds have increased holdings from 7.37% to 7.79% in Dec 2022 qtr.
Number of MF schemes increased from 44 to 46 in Dec 2022 qtr.
Ambuja Cement giving a break down of Head and Shoulder.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 watch for the price action near the levels for shorting the stock.
The targets and Stop loss are mentioned in the chart.
An intraday and swing trade can be initiated in the stock.
Wait and watch the candlestick pattern for carrying on the trade.
AMBUJACEM : Triangle patternAMBUJACEM : 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.
Like, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
Ambuja Cement Chart Analysis !!📈 Ambuja Cement Ltd. 📉
My Findings :-
1. Breakout from a Swing High.
2. Close Above March 2022 High.
Bias - Long
Target - 350, 383, 408, 431 and 442
SL - 292
RR- 1:4
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
AMBUJACEM Blast, further level marked !!NSE:AMBUJACEM
#NSE:AMBUJACEM level shared @ 340 and now trading @ 365, 8% up move registered,
marked further levels for practice.
Happy LEarning !!
Check my signature column for all the charts shared today, and the practice was damn good with blasting results.
Trust me, you will not regret for checking these charts.
We also welcome your feed back on my direct chat available in below signature column 👇 down side to this chart.
If you feel good analysis don’t hesitate to like and share.
Simple Trade Setup | AMBUJACEMENT | 23-09-2021NSE: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 gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.
Simple Trade Setup| AMBUJA CEMENT | 30-08-2021NSE: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 stay above it.
And now it is critical moment for this, if it breaks this range then it will be good upmove but if it fails then again there will be down move.
Please refer below chart: 1hr time frame.
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Trade Setup for Date 30-08-2021:
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 tomorrow.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.