Ambika Cotton LTP 1685 Closing at day highs. Today's volume 6x🌝😃 🎯Stock available at PE 8 🎯Debt free
Ambika Cotton mills Currently ranging in a Symmetrical Triangle Pattern, As per my analysis it will break upside soon.
Ambika Cotton Mills Limited (ACML) based out of Coimbatore in Southern India, is engaged in the manufacture of premium quality Compact and Elitist cotton yarn for hosiery and weaving. Ambika Cotton is an established player in the international and domestic yarn market with exports constituting roughly sixty percent of its revenues. CMP of the stock is 1600....
Retesting break out zone. Waiting eagerly for its upward journey
Making inverted Head & Shoulder Higher Volume in breakout candle Stock at breakout retest level A good R/R stock NSE:AMBIKCO
ambikco cotton 1w buy @cmp Target 1895, 1930, 2037 ascending triangle breakout risk reward 1.8 sl@1446
Clear Breakout - Target and SL given in chart Market Cap ₹ 958 Cr. Current Price ₹ 1,675 High / Low ₹ 1,888 / 1,310 Stock P/E 8.56 Book Value ₹ 1,426 Dividend Yield 2.09 % ROCE 20.6 % ROE 14.5 % Face Value ₹ 10.0 Promoter holding 50.2 % EPS last year ₹ 195 EPS latest quarter ₹ 31.7 Debt ₹ 0.00 Cr. Pledged percentage 0.00 % Net CF ₹ -110 Cr. Price...
NSE:AMBIKCO I am sharing my view on Ambika cotton previously several times - from Rs1200.00 - stock is now poised for strong upside of above Rs 2200 Results that has come for this share has been exceptional In the video I am sharing the technical and fundamental -result for 31 / 12 /2021 Disc: Invested , do you due diligence and research before taking action.
making cup and handle in daily time frame sl and targets are marked
AMBIKA COTTON LONG At long term support levels. Expecting upmove at short term. No recommendations, just view.
Stock is trading above key moving averages. Exhibiting strong RS Volume dry-up on final contractions. Publishing for my own refernce. Not an investment advise.
NSE:AMBIKCO sharing updating chart in quick video please refer to my old updates , posted here.
given a breakout out of symmetrical triangle. very strong fundamental stock If you are new in market , kindly please watch and learn rather than trading d this is a volatile mid cap stock.
VIEW : - POSITIVE DISCLOSURE This is only for educational purpose This is not a recommendation I am not SEBI registered Do not TRADE/INVEST basis what I publish here I am not responsible for your loss or gain It is prudent to assume that I have ulterior motives in publishing this Idea I and my clients might or might not have a position, I and my clients...
Buy = 1810 SL = 1654 Target 1 = 2122 Target 2 = 2278 30/09/2021 Bullish NSE:AMBIKCO-->Ambika Cotton Mills Ltd Buy for short term
BO level Target 1650 Intially down then again up after C&H RB
As on 28-07-2021 Wave 0 = 390 Wave 1 = 771 Wave 2 = 606.1 Wave 3 (currently as high is not taken out) = 1515 Wave 4 Max Possibility = 1050 as 0.5 retrace Wave 5 Min Target = 1613 If Wave 4 retraces to 0.618 there are chances of double top