Buy CMP 1000 for target 1225 to 1380 with stop loss below 950.
I have been watching this chart for a long time, Now its time to run
I am quite bullish in this sector
Its a Terrefic Movement to Buy !!
Dont Ever loose this Chance. Buy it for long term investment.
Price is taking support on Weekly Support.
Sorry i never waste my time to decorate my idea :D
Thanks
There is a clear cut Breakout in Ambika cotton mill on weekly chart. 950 was the hurdle for this counter and this Friday's candle closed above this level with good volume. So, this is clear cut bullish sign.
*Levels*
1st Target :- 1200
2nd Target :- 1400
3rd Target :- 1600
Stop Loss :- 850 on closing basis.
Ambika cotton crossed the supply zone now near pullback area 755-760 with sl 705 & target 960 1075 1240 1500.
On fundamental basis USA is banning cotton from china which is positive for this stock
timeframe will be 6months-1year
This stock is coming out of down trend it is in consolidation mode and now it is settled above most EMA's I'm bullish but let's see what will happened.
It's only my personal views.
