This is weekly chart of Ambujacem (spot). Following observations indicate that it might soon give an opportunity to go long in this scrip:
1. It has been trading in a range 185 to 280 since May 2014. It has made a low of 188.50 in the last week and finally closed at 190.45. This implies that it is trading at lower range near support which has been respected many...
IGL a stock which is powerful on monthly and weekly. is not a stock to short for big money, not until 882 is accepted. 790-880 which was a trading range for IGL in 4hours charts was successfully broken by a WRB(wide range bar) and got a good follow up. now a spining top is formed and a small bearish inside candle followed up.
Expect a test of 882 which was the...