Ambuja cement can be good buy at this level
TGT -450 & 530
SL - 390
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
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Before whoever had invested in ambuja when i posted ambuja accumulation post are sitting in good profits.i hope that ambuja can brake it's previous high but as a retail people get ready to book profits as per your analysis.
The Cup and Handle pattern in Ambuja Cement forms in an hourly time frame.
Buy on Breakout, set stop loss below the handle. The target must be around 425-435-445 and stop-loss near the 403 price level.
*The above analysis is only for education purpose only.
Sell from 420 to 424
easy tg - 406
tg2 - 400
sl - consecutive 2 day close above 424
Disclaimer : This is my personal analysis for study purpose not intended for trading
Ambuja Cements Ltd. is a holding company, which engages in the manufacture and sale of clinkers and cement. It operates through the following segments: Cement and Cement Related Products. The company was founded by Suresh Kumar Neotia and Narotam Satyanarayan Sekhsaria in April 1983 and is headquartered in Mumbai, India.
NSE
