Ambuja cement seems to go up from here
In a short time, the market will make a breakout in time, then a big target will appear on the upper side
If the downside also breaks down, a big SHORT target can be found below
Inverted cup and handle pattern was formed on AMBUJA CEMENTS breakout and retest is done now it's time for the bearish movement.
TP1 - 415
TP2 - 397.95
counter seems to have broken out and getting back for retesting. If things go as assumed and after retesting it closes above 470, 2st target 508, 2nd target 600, after this it may run like crazy.
patterns are never accurate but if we consider it as a flag and pole pattern there are chances it can touch these levels let it confirm it is like a wedge narrowing at the end if it sustains the level of 413 and move further up then it's the confirmation and those who missed the rally may enter but after your analysis, this is not a recommendation.
all this is...
after 535..above sustain weekly candle then go for long
bove 595 safe for next target
target 744, 896
535 level ..above 535 if market not sustain in weekly candle then
it will make sell formation
if fall then buying zone at 136
not possible at this time wait this level on only market crash..
Rs. 277 is good support on monthly charts. Trading above this price is good for accumulation and watch out for breakout on price level Rs. 585/- for bullish signal (immediate previous high made)
Ambuja Cement has recently experienced a breakdown of a symmetrical triangle pattern, indicating a potential shift in its market dynamics. This technical pattern is formed by connecting a series of lower highs and higher lows, eventually converging to create a triangle shape. The breakdown from this pattern suggests a potential downside move in the stock's price....
📉 Alert! Bearish Pattern Spotted! 🐻
📊 Pattern: Parallel Channel
📌 Symbol/Asset: Ambuja Cement
🔍 Description:
Ambuja Cement moving in a parallel channel might touch the support in the coming days
⚡️ Actionable Insight:
Offer a suggestion or recommendation based on the pattern. For example, you could mention a potential exit point, target price, or the need for...
Ambuja cements is enjoying the vertical rally
the Rally still looks strong and can give 30 % plus move in coming weeks
The stop can happen at 770 levels
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...
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.
