Ambuja forming a double top on 1d time frame and on weekly time frame scenario is weak, so price can come down to test support if it has to go up.
1->430 below 423-414 level can be seen (on weekly basis)
2-->for Monday:- 432 below 15min candle closes 430-426.55 target levels can be seen
3-->if sustains above 438 for 15mins then 441-444.10target can be...
Happy learning with trading. I just shared my view. If correct give me one like. If not, correct me.
Points to Note:
1) bounce from support and standing at resistance (4th time). possible to breakout.
2) last two weeks candle show good rejection.
2) Safe traders buy at 570 for target.
Disclaimer:
I am not a Registered Analyst with SEBI and it is only for...
627 can be a good entry point. If it continues to move in the channel we can keep a target level of 650, 675 in short term. Safe traders can wait and take entry after a small dip, as one can expect it to go as low as 611 and then resume the rally thus forming a cup-handle pattern.
AMBUJA CEMENTS LTD is trading above it's All time high (ATH) and is at 617.60. Next Target seems to be at 767 as per Fib Retracement.
Note: This Idea is just for educational purpose. Do not trade based on this idea. Do you own analysis before trading.
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
Ambuja Monthly Chart Suggest Breakout - Targets 975+ in 1 year
Monthly charts showing price moving in channel & now breakout on monthly charts will show some momentum in stock above 600.
LTP - 592
SL - 565
Targets - 975+
Timeframe - 1 Year
Happy Investing
The stock has posted pretty good quarter , net profit has zoomed 3X quarter on quarter basis moreover the stock has reasonable PE compared to the peers . it has immense potential on becoming the next ultratech . the techincals also support the fundamentals which shows further reliabilty since the adani takeover the company is doing great . the stock has formed an...
As per weekly chart, the stock is near to its resistence, which is 596, once this crossed, 650 and 700 level will come in the coming days, 600 call option and 640 call option of Feb and Mar expiry can be monitored closley, or can be bought in cash.
There is no guarantee in stock market and Nothing over week
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OR SELL RECOMMENDATIONS}
AMBUJA CEMENT LTD
Target: RS 595
CMP: RS 568.25
ENTRY RANGE: 562-574
STOP LOSS: RS 552
Disclaimer: I am not Sebi Registered.
AMBUJA CEMENTS Ready for 25% upmove in 3-4 Months
Breakout from 1 Years high of 590 will open doors for further upside to 700+ in coming 3-4 Months.
Range Breakout on daily charts is noticed in AMBUJA.
LTP - 567
SL - 540
Targets - 700+
Timeframe - 3-4 Months
Happy Investing.
![AMBUJACEM: [Swing Trade] Ambuja - My buy price 630.7](https://s3.tradingview.com/g/gG6hRlWs_mid.png "[Swing Trade] Ambuja - My buy price 630.7")
