Ambuja Cement: After the Adani saga in February the script has seen a brutal decline and fallen around 50% from it's ATH. Now, the script has been taking support at Weekly 200 EMA. Also building a higher base on the Daily chart. A close above 396 - 400 Zone will indicate the correction is over and stock might see a higher level. One can go long above 400 with...
Target as mentioned on chart. Look for volumes and Adani Factor boost. For educational purpose only.
An "inside candle" pattern occurs when the high and low of a particular candle are contained within the high and low of the previous candle. In other words, the entire price range of the inside candle is within the range of the preceding candle. This pattern is also known as an "inside day" or "inside bar" pattern.
This script giving a positive outlook with recent price action around marked support zone. This support zone if it holds, may drift the script towards the target. Overall, most of the cement stocks are showing positive traction with few exceptions.
Everything is clearly mentioned in the chart. 27/May/2023 For Learning Purpose
Ambuja Cements was consolidating in an ascending triangle pattern which is typically a bullish pattern. The price broke out the ascending triangle and closed above the neckline on 22 May 2013. It is expected that price may continue to move high. Aggressive traders can enter at current market levels near 425, but the better entry point would be the retest of the...
Make ascending triangle pattern in 4 hour time fram , take break out at resistance level , 50 EMA cross 100 EMA from below take support of 50 EMA , first Target will be 482.65 Stop loss will be 374.55 . This is for educational purpose not a trading advice so that's my view comment down your view.
#AMBUJACEM... ✅▶️ Intraday as well as swing trade All levels given in charts ... IF good potential seen then we work in options also if activate then possible a huge movement Keep eye on this ... We take trade only when it activates... Possible to give good target TRADING FACTS
Ambuja CMP 412.5 Though looking bullish but when you look it carefully this is the structure which is coming in my mind below red line... I am expecting script to retest previous lows as wave 5 Just a View!! Vedang!!
Price has been in an Upmove since its reacted to a Weekly Demand formed @ 374.80 and the Opposite Resistance is @ 470.00 Yesterday Price made a new high of 412.00 and has retraced back into a 4H Potential Demand, When the proce reacts to Weekly Demands it forms 4H demands on its way towards the target, so we have one more chance to enter the Trade. ENJOY THE...
NSE:AMBUJACEM Below 354 this will be more bearish. Overall trend is bearish.Above 425 there is a hope for bullishness and trend will be change.take trade with risk reward.
Ambuja cement trading above ascending triangle pattern. Target 440 SL below 400 daily candle close.
Ambuja cement on daily resistance ( entry on Breakout)
AMBUJACEM - is on a verge of breakout, This stock is in consolidation mode since the start of 2023 and it is exactly at the resistance now. Entry above 400 SL - 383 T1 - 450
Triangle pattern spotted on Ambujacem. Multiple touches giving more assurance of strong breakout. Since the stock is 50% down ytd so more likely to break higher
Hello traders i hope you are doing well. Today i will share u ambuja cement analysis for tomorrow morning
Six Key rules in trading (Discipline/Patience/SL&TP/Less trade to make big money/Protect your trading capital and consistency) We should work on our process, not the outcome of our processes. The share market always has unpredictable fluctuations. I often make wrong judgments; everyone should learn to manage risk by themselves. Always remember you have to protect...
A lot of people are thinking of it a penant but it is a triangle instead so we are not sure that this will continue to be bearish, a bullish break out can also be there, wait and watch.