AMBUJACEM trade ideas
AMBUJACEM 25-03-2024Happy learning with trading. I just shared my view. If correct give me one like. If not, correct me.
Points to Note:
1) bounce from support and standing at resistance (4th time). possible to breakout.
2) last two weeks candle show good rejection.
2) Safe traders buy at 570 for target.
Disclaimer:
I am not a Registered Analyst with SEBI and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.
Amazing breakout on Weekly / Daily Timeframe - AMBUJACEMCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
PS: No new Nifty500 script can escape from me when making a breakout. :-)
PS: This script is shared 1-2 days delayed. Sorry for the delayed charts, STILL IN BUYING RANGE OR CAN WAIT FOR RETRACEMENT.
Ambuja Monthly Chart Suggest Breakout - Targets 975+ in 1 yearAmbuja Monthly Chart Suggest Breakout - Targets 975+ in 1 year
Monthly charts showing price moving in channel & now breakout on monthly charts will show some momentum in stock above 600.
LTP - 592
SL - 565
Targets - 975+
Timeframe - 1 Year
Happy Investing
AMBUJA CEMENT - Swing Trade Analysis - 28th January #stocksAMBUJA CEMENTS (1D TF) - Swing Trade Analysis given on 28th Jan, 2024
Pattern: RECTANGLE BOX BREAKOUT
- Breakout - Done ✓
- Volume Spike at Resistance - Done ✓
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #ambujacem
AMBUJA CEMENT ON THE WAY OF BECOMING ULTRATECHThe stock has posted pretty good quarter , net profit has zoomed 3X quarter on quarter basis moreover the stock has reasonable PE compared to the peers . it has immense potential on becoming the next ultratech . the techincals also support the fundamentals which shows further reliabilty since the adani takeover the company is doing great . the stock has formed an inverse head and shoulder pattern and 589 level is a crucial resistance upon breaking it can reach till 851 levels
AMBUJA CEMENT LTD ( EDUCATIONAL PURPOSE ONLY)There is no guarantee in stock market and Nothing over week
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OR SELL RECOMMENDATIONS}
AMBUJA CEMENT LTD
Target: RS 595
CMP: RS 568.25
ENTRY RANGE: 562-574
STOP LOSS: RS 552
Disclaimer: I am not Sebi Registered.
AMBUJA CEMENTS Ready for 25% upmove in 3-4 MonthsAMBUJA CEMENTS Ready for 25% upmove in 3-4 Months
Breakout from 1 Years high of 590 will open doors for further upside to 700+ in coming 3-4 Months.
Range Breakout on daily charts is noticed in AMBUJA.
LTP - 567
SL - 540
Targets - 700+
Timeframe - 3-4 Months
Happy Investing.
Ambuja Cement constructs an ascending channel on Daily chartAfter breaking out of a descending channel Ambuja Cement has now constructed ascending channel on daily chart. In most cases these type of channels break down in lower levels at the end. However for a breakdown the stock needs to break 540 level convincingly. Now traders may wait for a break in either side for a successful trade.
AMBUJACEMStock chart patterns often signal transitions between rising and falling trends. A price pattern is a recognizable configuration of price movement identified using a series of trendlines and/or curves.
When a price pattern signals a change in trend direction, it is known as a reversal pattern; a continuation pattern occurs when the trend continues in its existing direction following a brief pause. There are many patterns used by traders—here is how patterns are made and some of the most popular ones.
Ambuja Cement : About to give huge breakout 📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Broadening Pattern
📌 Symbol/Asset: AMBUJACEM
🔍 Description: Stock has formed Broadening Pattern and its around the resistance of the pattern.
We can see huge momentum if stock is able to cross 530-540 levels on the upside.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.