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.
Trade with caution, appropriate risk management and position sizing.
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.
Can buy Ambuja Cements Ltd (NSE Cash) LTP: 312.10 Support: 303.80 Resistance: 319.85 / 326.00
Ambuja Cement have Breakout making following : Breakout from Major resistance ( Weekly time frame) Breakout of a channel (Daily Time frame) Breakout of a Triangle pattern (1 Hr time frame)
Buy : Ambuja Cements SL : 278 Target : @290-@300-@310 . . . DM for any Equiries
REFER THE CHART TO UNDERSTAND THE BIAS.
A demostarated video of ambuja cement for trading idea This video is only for educational & learning purposes