AMBUJACEM breakout from the ResistanceAfter the consolidation of 2 weeks Ambujacem gave the breakout from the channel.
This idea is for education purpose only
AMCEM trade ideas
Ambuja cement sell on risetried to break the channel but failed to move upwards, so bearish view for coming week
Sell > 222.7 upto 225
consecutive 2 candles of 1hr close sl 226.3
tg 220/217/210
Disclaimer : This is my personal analysis for study purpose not intended for trading
Ambuja Cements - The road to recovery looks steepThe chart shows that the stock has all the ingredients to go up and break the 52 Week High that was recently achieved. However the DAILY chartshows some critical points.
Points to Ponder:
Price in Overbought Zone with MFI @ 82
Low volumes
Last 6 candles are narrow, have small bodies
Consistent Rejection from 227 levels
The Stock has Control Price at 205.
A breakout from this level will create another story for the stock. Be careful.
AMBUJACEM - POWERFULL RANGE CONSOLIDATIONThis chart shows the AMBUJACEM - POWERFULL RANGE CONSOLIDATION between 219 - 255
You can look for buying opportunities above 219 .
Target can be set to 225 .
Stop Loss can be below 218 .
Beware : Please keep in mind and stay away from False Movements
Also this is not any recommendation. Trade at your own risk.
Possible end of ELLIOT wave patternWave pattern on weekly time frame seems to have completed all the 5 waves and may head towards a major correction.
Also there is resistance trendline where the wave 5 may end.
AMBUJACEM [ POSITIONAL ] BEARISH setupPositional trade
SHORT setup
the stock is at PRICE REVERSAL ZONE.....
AMBUJA CEMENTSBuy AMBUJA CEMENTS Above Rs . 225 for The Target of Rs . 235 .
Stoploss- 218 .
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Thank you,
Vishwajeet Sharma
Ambuja cement Intraday trading A demostarated video of ambuja cement for trading idea
This video is only for educational & learning purposes
Ambuja Cement - Fib Retracement BetRiskier Strategy: Short at CMP or following ORB on 5/15 min candle based on market volatility.
Risk Averse: Short below 217.5 for targets of 215, 212.5, 210 with SL at 220
AMBUJA CEMENT ANALYSIS 03.08.2020SELL 220
TARGET 214 TO 211
IN THIS STOCK NEAR RESISTANCE IT IS FORMED SPINNING TOP. SO IT MAY GO DOWN SO WE CAN GO FOR SELL TREND. WAIT FOR BETTER CONFORMATION.
AmbujaCement Short IdeaMultiple PRZ in the same range.
Short in range
225 - 227
SL 231.2
T 216,210,206
Can also short now at 221 for the same targets.
How we traded this 13 % move Discipline , Confidence , Educated Methods can give you Maximum results and Minimum loss
Most of the people follow some trading system , but they lack applying discipline methods , Method of entry , Method of Stop , and Most Importantly they lack holding the profits ( Exiting before the Target is achieved )
usually such behaviors are noticed where the traders lack Confidence , Most of them have horrified starts in their life as Traders ,
In this trade we took you can understand having confidence , Knowledge can get you more better results
One can play the Private chart and Understand next move took place on real time basis We traded form 192 to 225 in Futures
I am attaching chart for your reference
Good luck
Breakout in Ambuja Cement:Target 215Triangle breakout on charts.
Next target 215 with stop loss at 198
At the resistance and rejectingPrice reached the resistance and rejecting from there. If you are not in the trade then wait for this week close for the confirmation.
