Ambuja Cement - Getting ready for an up move
Updated
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 stop loss of 360 on CLBS with a target of 465.
Note
Target hit.
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