AMBUJA CEMENTS LTD stock forum
AMBUJACEM there is a strong resistance and support there based opn that we can trade a d also traingle pattern is appearing
AMBUJACEM - Ambuja cement price and timewise consolidation is almost over. @ CMP 445 it is having immediate resistance @455. Once it sustains one hour above 455 then it will cross 480 within 10-15 days. I will go for swing of 6-8% above 455.
AMBUJACEM Intraday : Buy Ambujacem above 469 sl 465 tgt 473-477
AMBUJACEM Avoid trading if price sustains in this zone,412 a strong support if breaks will go down 425.50 a resistance if breaks then upside move but my view is downside-sideways for a week.
AMBUJACEM taking support form trendline and 200 EMA please consider this.
AMBUJACEM tgt2 451.85 achieved on 6th June.(approx 12%of returns in 24 days).
AMBUJACEM The move from the low of 02feb 2023 i.e 315.30 to upside is corrective and is gonna retrace 100% very soon.
AMBUJACEM tgt 1 achieved today.(approx 4% returns in 9 days).