Ambuja- Its a ticking bomb! Bullishambuja will be up for a bull rally soon if he provided level is broken.
AMBUJACEM
AMBUJACEMI'm not an expert I'm just sharing my views on AMBUJACEM for next trading day
I'm not responsible for any profit or loss this is not a recommendation.
AMBUJA CEMENT - Intraday/Very short term swingThis analysis is purely based on price action.
Trade Strategy is explained in image itself. The analysis is done on 15min TF, hence can get completed in one day to couple of days
Keep trailing SL accordingly once in trade
Trade at your own risk and money management
Feel free to comment for any queries & suggestions
Buy Opportunity in AMBUJACEM (Swing/Positional)This analysis is purely based in Price Action.
On Monthly Charts,
we can see that price has tested its ALL-TIME High thrice. After recent reversal from its Life-time High, price has taken support at a crucial level of 0.618 Fibo Level (If we draw Fibo from its 42.75 level to its life time high). From that level, it has shown a good reversal by forming BULLISH-HARAMI pattern. It can also be seen moving in a downward channel pattern after its fall from Life-time high.
On Weekly Charts,
It gave good breakout with volume confirmation and came down for re-testing the support. Previous to breakout, the upper end of channel was its resistance but after the breakout happened, it worked as a support for price. Retesting candle gave closing above that support which shows that chances of breakout sustaining as high.
Trading Strategy -
Entry can be made above the high of this week's candle (marked in the image).
SL can be either below the low of this week's candle or below the low of re-testing candle.
Targets are marked in the image.
SL needs to be trailed accordingly
Ambuja Cement | Buy Set up | 1st AUG Look For buy conformation (Engulf \ Pin bar) in The Mentioned Area
Hit Like ! keep Supporting !
#AMBUJACEM #AMBUJA #SHREECEM #INDIACEM #ULTRACEMCO #RAMCOCEM#AMBUJACEM
Ambuja Cements Ltd.
CMP: 222.45
Target: 243
SL: 218
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Ambuja cementHello!! Ambuja cement is one of the most famous cements of India and this is looking bullish now 233 and 236 can be seen. #MY_VIEW #LEARNER
R-0129 BUY AMBUJA CEMENT @223-219 TGT 231BUY AMBUJA CEMENT @223-22219 TGT 231
Cross over on TK + MACD + good volume buy so its intraday TGT.
Ambujacem shorting (intrday @ 197.4-197.5)Shorting @ 197.4-197.5 (pullback/bounce)
SL: 198.5 (only 1.5 points)
Tgt: 196 or lower
This is a very short target trade - I am more into option writing for today since its expiry day.
Disclaimer: These are just my views, I am only SHARING my views - kindly do NOT trade blindly with these levels,
please do your own research before entering.
Ambuja Cements Trade Setup for swing trader !Hello, Trade According with 2 scenarios buy and sell below and upper level of green
I am looking short opportunity in Ambuja cement!
Thanks
AMBUJA CEMENTS | Price Action AnalysisThe price is currently in a side trend and a long term uptrend. Looking more likely to continue to move upwards upon breaking the key trend. We already see the volume above its 20-period average and likely to continue with the momentum.
Next key level at 174.05
Thank you for reading, hope you have a green day
AMBUJACEM intraday strategy - 3rd April 2020Open position Strategy
Gap down Long @ 146/148 , T1-152 , T2- 154
Gap up Short @ 164 more @ 161.3, T1-160, T2-157
Between Pivot & R1 Long @ 156, T1-159 T2-161.3
Between Pivot & R2 Short below 154.5, T1-152 T2-Nil (High risk of reversal)
AMBUJA CEMENT FORMING PENNANT PATTERNHello all,
Ambuja is currently under in pennant pattern which is a bullish breakout pattern. Confirmation level is above than 225.
AMBUJA CEMENTS LTD-Triple Top FormationNow its travelling On pivot line,If Its Break 187 May its going to fall down,Target 1-172, Target 2-150
Ambuja Cement-1hr-Bullish WW-tgt 260/265Bullish WW has formed and triggered at 251. Keeping stop at 248, it can tgt for 260/65
AmbujaCem with high RSI and RVI... May fall The peak of the share had reached where its RSI is also above 80% and same levels were observed in last month July 2015. The same case will be repeated this time also.
ambujacem ShortAmbujacem - A potential Cypher pattern, Trendline resistance, Huge Divergence.
It can be a sweet short.
