Ambuja Cement - Buy Setup for target 250
Everything mentioned on chart and trend line
Mid term investment pic.
Look at the trend line - It's at buy set up.
Nifty can be go up till 10370 in recent bounce back. 10370 is immediate resistance from where it will go down and will see more downsite.
Today Nifty didn't closed below 10140 which was important pivot levels and bounced back from 10140. Target tomorrow for 10250-10300 levels as bounce back expected.
It broke trend line today, If nifty do not close above 10400 today, next can be 10280 for sure.