Stock is above 63 DEMA/WEMA
RS is positive and rising
RS is above 63 EMA
Stock is making HH-HL
Next immediate resistance area is around 175-180 as marked in chart.
14-15% move possible in November
Its a small cap stock
Ambuja Cements chart
Daily Timeframe
RS (55 days) is positive and its breaking out 0.4 value. Can go till 0.8-1.
RS above 63 EMA also.
Immediate Target is recent high.
