AMBUJACEM : Ready for a Move ahead!

300
๐Ÿš€ Swing Trade Levels & Key Zones ๐Ÿ’น

๐Ÿ“… Date: February 5, 2025
๐Ÿ’ฐ Current Price: โ‚น513.70 (+18.55 | +3.75%)
๐Ÿ“Š Ticker: NSE:AMBUJACEM

๐Ÿ”น Key Levels to Watch:
  • [] High: โ‚น520.00
    [] Low: โ‚น490.15
    [] Open: โ‚น495.20
    [] Close: โ‚น513.70


๐Ÿ“Œ Annotated Zones & Key Demand Areas:
  • [] ๐ŸŸข Demand Zone (Extended Retracement): โ‚น468.00 - โ‚น494.30
    [] โšก Golden Retracement Zone marked with an ๐Ÿ“ˆ


๐ŸŽฏ Swing Targets:
  • [] โœ… First Target: โ‚น606 - โ‚น621
    [] โœ… Second Target: โ‚น652.00


๐Ÿ›‘ Stop-Loss:
  • ๐Ÿšจ Day Close Below: โ‚น480.55


๐Ÿ“ˆ Projected Price Movement:
  • [] ๐Ÿ”ผ Upside Potential:
    1. [] If the price sustains above โ‚น513.70, watch for a rally towards โ‚น606-621 ๐Ÿ“Š
      [] Further strength can take it to โ‚น652.00 ๐Ÿš€
    [] ๐Ÿ”ฝ Downside Risk:
    1. [] Break below โ‚น494.30? Price may revisit the demand zone
      [] Day close below โ‚น480.55? Swing structure weakens


๐Ÿ“ข Traders Take Note:
This setup presents a strong swing trading opportunity! The demand zone of โ‚น468 - โ‚น494.30 can act as a potential entry zone. The swing targets offer solid profit potential, while a well-defined stop-loss ensures risk management. Keep an eye on the golden retracement area for key reactions! ๐Ÿ‘€๐Ÿ”ฅ

#AMBUJACEM #StockMarket #SwingTrade #NSE #TradingView #StockstoWatch ๐Ÿš€๐Ÿ“Š

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