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AMCEM trade ideas

AMBUJA CEMENT INTRADAY SET FOR 21.02.2023So , here I share with you the strategy for Intraday Trading for AMBUJA CEMENT . On daily time frame the Stock with CMP as 352.45 has already entered the reversal pattern and has potential to go trend up till 595. On lower time frame , i.e. 15 Mins , the stock is in range. If Stock Breaks this range , as detailed in the chart , we can enter the trade with different entry levels and targets. Remember , the Chart has just entered the uptrend and thus we shall only look for the opportunities to buy. Our First Condition to enter the trade is Break out @ 356.75 Technical Indicators on 15 mins candle : CMP : 352.45 MA50 : 350.07 MA200 : 352.31 ( Making Golden Cross Over) RSI : 55.62 ADX(14) : 24.26 ( Directional Strength ) ATR (14) : 2.6 ( High Volatile ) To understand Market Structure at daily frame, please refer to the link. Share your Views and boost my idea if you agree :)
NSE:AMBUJACEMLong
by chakraveer1104
AMBUJA CEMENT LTD : ISME JAAN HAI LONG TERM CALLOne of the India's leading and oldest cement manufacturing company and well known brand of Middle Class Segment of our Country AMBUJA CEMENT, had shown some sharp declined in Jan 2023. However buyers are back and the chart is in the Demand Zone. Let us analyze signals we are getting from chart. 1. The Stock has already faced rejection from both Distal line and Proximal Line of the Demand Zone as marked in circles in chart. 2. The chart is forming three back to back Hammers on Weekly time frame. 3. RSI is 33.30 ( under bought) on weekly timeframe. 4. The chart is in the formation of Three Bottom Pattern as shown as A, B and C on daily time frame. 5. Total Volume of trading in last three trading days is over 36 Millions. 6. Two days ago , Ambuja Cements Wins Bid For Uskalvagu Limestone Block , Orissa thus attracting Institutional Investors. The entry level and the Targets are marked on the chart. This is a long term trade plan. Conservative Traders must enter the trade only after price action @ 353 and 399 . Thank you for boosting my studies , and it is motivating me a lot to share more analysis with Trading Community. Best Wishes !!
NSE:AMBUJACEMLong
by chakraveer1104
Ambuja Cement: Is it a good Buy now? My perspective on the stock I'm no expert with respect to understanding financials in details so cannot comment on Debt of Ambuja cement and allegations made by certain group. Fundamentally , If we are to look at business potential, India is still a developing country and demand for Cement is going to be there and it will rise... Risk factor : Adani has huge expansion plans for which it has taken debt too. If demand rises then the additional supply that additional capacity will bring in will be taken care of. However if demand for cement increases at slower pace than anticipated based on which additional capacity has been planned then it could put the whole pressure on capacity utilization and thereby on Profit margins. Again let me reiterate, I'm no Fundamental Analyst but that is my understanding of the fundamentals of the business. ___________________________________________________________________________________________________________ That being said, as a Technical chartist, let's look at Ambuja cement based on charts. On October 28, 2022, I had mentioned that the Upside target for Ambuja Cement has almost been done and the next opportunity is on the short side. With the stock now 40% down, is it a good level to buy now? If we look at charts, - the stock has traded above 500 odd levels for 4 and a half months. And now has suddenly taken a big dip entrapping a lot of Bulls. - it has broken important Line of breakout / breakdown ( I have marked that in the chart) - any up move from here and lot of trapped traders might look to exit. - It does not give confidence to go long as Supply could be very high if the stock moves up. The next line of support is around 266-293 where Risk::Reward ratio would look better. So any dips towards that zone Looks for signs of stability - one can look to nip in slowly. Don't go all in... Spread your buy across days / weeks. - If 266 is being breached don't add further immediately. Wait for further cues. - Below 266 next important zone is around 233-240 odd levels and below that 190-202 odd levels. These are my decision making levels. I go by levels and let market tell me what to do next. Before Budget I had given my POA (Plan of Action) based on charts. and that was to short if market comes around 18000. Today when those levels came in, I executed my Plan on the short side (again it was updated during market hours). At that point of time it might have seemed foolish... as market was giving illusion of being Bullish... However charts and data were not supporting bullish view Results are in front of you of what happened next. If I talk about Nifty Index, chart is still looking weak and I'm yet to see improvement in derivatives data. So Don't be in a hurry. Posting this as I have got requests as to whether it is a good time to buy Ambuja cement (or for that matter Adani stocks). So giving my perspective on the stock and my Plan. Before taking any decision do review your Risk tolerance and Time tolerance. Trust you find the analysis helpful in planning your trade. If you too any stock queries you can let me know in the comment section below. I would try to answer them over the weekend. Take care of your health and mind. Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - if trading in F&O, understand that F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need be
NSE:AMBUJACEM
by indiamarketoutlook
Ambuja Cement Stock Crash Know Targets ACC Major Support and Resistance For Investing and Trading Because of US investor Hindenburg Resarch LLC report , ADANI GROUP stock plunged and because of same reason ACC stock also crashed . See below Major Suport and Resistance Zones . ACC cement Takeover by Adani Group Support Zone -- 347 -355 Major Support Zone - 274 - 290 Major Resistance Zone - 426 - 441 If you want any Chart Analysis for any Time Frame Msg me on Trading View I will Try my Best . Thank you . Please Share Our Ideas and Support us
NSE:AMBUJACEM
by manojshinde27
2
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.
NSE:AMBUJACEM
by stoxway
1