AMCEM trade ideas
Ambuja Cement 07/04/21 Wednesday Trade Wisely And Smartly.
These levels are not big but tradable. Stay alert.
Months of range consolidation is about to break in Ambuja cementMnimum target of 350 once breaks out of long months range...
Ambuja Cement - Forming Ascending TriangleOn Daily chart Ambuja Cement is forming Ascending Triangle.
Break and Sustain above 280 will take it to 300--310 and then to 330++ mark.
Support at 265--260.
Trading Recommendation
Bull Call Ration Spread
+1x 25FEB2021 270CE - ₹ 13.5
-4x 25FEB2021 300CE - ₹ 3.9
Max. Profit ₹ +94,800 at (₹ 300)
Undefined loss above 310.00 Subject to hedge after 310.00
Downside is capped with zero risk.
AMBUJACEM ready for LONG as AMBUJACEM formed ASCENDING TRIANGLE Pattern.
Expect a trending at upward from 279.6 to 289.
Ambuja Cem Resistance BOAscending triangle and resistance BO
Either go long now or wait for pull back, there have been two long green candles there could be some intra day correction
GENERAL DISCLAIMER - MY IDEAS ARE MY PERSONAL LEARNING IDEAS AND I AM NOT AN ADVISOR, DO NOT TAKE ANY TRADE ON MY ANALYSIS, CORRECT YOUR FINANCIAL ADVISOR BEFORE YOU TRADE.
I WILL NOT PUT THIS DISCLAIMER ON EVERY SINGLE IDEA
USE MY ANALYSIS TO LEARN.
trendline breakout bullish breakout of trendline , above 200MA, volumes are rising ,can be taken positional .
Ambuja Cement may go upside Ambuja cement crossing Dervash box signal
Buy at CMP SL 261 TGT 280 in Few days
I am not a market expert but it's my prediction and experience
Ambuja Cement - Weekly Charts (Breakout and Flag Pattern)Ambuja Cement - Weekly Charts (Breakout and Flag Pattern)
Ambuja- Its a ticking bomb! Bullishambuja will be up for a bull rally soon if he provided level is broken.
