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Ambuja Cement

Discussion in 'Technical Analysis' started by sujan4bw, Jul 25, 2012.

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  1. sujan4bw

    sujan4bw Member

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    Hi All,

    would you please let me know your views on Ambuja cement today?

    My view one can buy if it cross 172 on upside.

    Regards
    Sujan
     
  2. shabbir

    shabbir Administrator Staff Member

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    172 or only 72?

    I think it should be only 72 and you are absolutely right in predicting that level.
     
  3. sujan4bw

    sujan4bw Member

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    one can see further upside in Ambuja if it crosses 180.
     
  4. shabbir

    shabbir Administrator Staff Member

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    180 ?? Are we seeing the same stock?
     
  5. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Ambuja has done break out @181.9 high of 6th feb 2012 & 179.5 high of 20 july 2012 and today high is 183.80.

    I will buy ambuja if it cross 185 with stop loss of 156 which is strong support.

    what do u think?
     
  6. shabbir

    shabbir Administrator Staff Member

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    Perfect but stop loss should not be 156 but 166 which is a good support as well.
     
  7. seven_ind

    seven_ind New Member

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    i think ambuja cem is in around over bought zone also the off season is about to start. i think supp 1 is 175 and supp 2 is 170 i think one shud have a sell call target as the 2 supports is my two targets. What u says shabbir ji
     
  8. shabbir

    shabbir Administrator Staff Member

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    I have already shared what I think Abhishek
     
  9. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Get ready to buy Ambuja
     
  10. sujan4bw

    sujan4bw Member

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    Ambuja is rocking, heading towards 190.
     
  11. shabbir

    shabbir Administrator Staff Member

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    Merged All Ambuja Cement Threads.
     
  12. sujan4bw

    sujan4bw Member

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    Ambuja touched 190 today.
     
  13. sujan4bw

    sujan4bw Member

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    Profit booking started in Ambuja. Again it bounce shortly.
     
  14. sujan4bw

    sujan4bw Member

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    http://chartink.com/stocks/ambujacem.html

    From last month 17th - till 4th of this month, stock was in profit booking phase.

    It bounces from 179 levels on 05-09-12. Now it is about to give one more break out.

    This time It would easily touch 210. Let me know your views.
     
    Last edited: Sep 16, 2012
  15. kksudin

    kksudin New Member

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    Sujan, what is the Stoploss you suggest?
     
  16. harjeetcisco

    harjeetcisco New Member

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    About ambuja cement today it takes the resistance 198-197 buy only if it crosses 200 with volumes but the main thing is other cement stocks will also show the momentum on the upside

    Buying Area is 188-185 with a target of 198, 210 but the stop loss should be 180 on the downside
     
    Last edited: Sep 17, 2012
  17. kksudin

    kksudin New Member

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    Hi All,
    what is your view on Ambuja cement. Will it cross the resistance of 198 before expiry?
     
  18. sujan4bw

    sujan4bw Member

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    I dont think it will cross 198 before expiry. But for sure it would cross 198 after expiry.
     
  19. harjeetcisco

    harjeetcisco New Member

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    Ambuja is no doubt is in uptrend and the market is in uptrend buy ambuja only above 200 with a target of 220 becoz it has made symmetrical pattern and a barrier of 197-200 stop loss is 186
     
  20. sujan4bw

    sujan4bw Member

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    Ambuja crossed its recent resistance 200 today.....trading at 202.