AMBUJA CEMENTS LTD NSE:​AMBUJACEM

Down side move it too weak to consider any further down ward impulse , i am looking an upside move , any strong reversal on daily one can look for Going long and look to book near the forecast area with trailing stop

AMBUJACEM Triangle

* Down trending trend line, rejection of breakout with shooting star and confirmation bearish candle. * RSI and STOCH are showing negative crossover. * CMP 220.70 SL 232 Trg 1st- 200, 2nd- 189 (Risk:Reward=1:2.5)

Levels mentioned in the chart!

AMBUJACEM (Ambuja Cements Ltd) #SELL BELOW 211.65

Ambuja good support at 214 -212 zone breach of this will be good short

Evening star pattern seems to have emerged. Sell December future for 219.80 with a t of 216. Stop Loss at 225. Valid till Dec 26 .

refer chart for details

Ambuja Cement Short short below 217 with 225 as SL T1 - 216 T2 - 211 T3 - 206 T4 - 202

Enter with a tight stop loss as mentioned.

short on break

#BUY AMBUJACEM (AMBUJA CEMENTS LTD) ABOVE 222

good for short term

buy for 228 sl 215

SHORT BELOW 200

High OI Stock making lower lows Old plants so ebitda/tonne is also lower arounf INR 480/tn No trigger

Interesting Candidate above 209 Baby tech