Ambuja cement seems to go up from here In a short time, the market will make a breakout in time, then a big target will appear on the upper side If the downside also breaks down, a big SHORT target can be found below
Stock seems to be getting ready a move higher in wave (iii) of 3 (the most powerful move). Currently the correction in wave (ii) might have been completed as shown on the chart or could make a lower low to complete the correction. Break of wave x at 850 would add more confidence to this idea. Regardless of the shorter time frame, the stock seems to be getting...
Hello and welcome to this analysis Stock continues to make higher highs and higher lows with rounding bottom formations each time. In the short term it looks set for a flag breakout. Upside possibility till 7500 and 7900 as long as 7050 is not broken. Good risk reward set up as it build momentum Happy Investing
#SHREDIGCEM : Beautiful Swing trade Setup >> Volumes Building up >> Good Strength in stock Be patient with this stock Take quick 5-10% & keep trailling Happy Trading
Acc has closed just near its crucial resistances. If the stock crosses 2160 it will cross its 200ema, resistance zone and and will change the trend from bearish to bullish. On daily chart, it seems bullish and can touch 2200. Wait for the price to cross 2160 and sustain. This trade can become a swing trade if closes above 2160.
Technicals The 50 % retracement of the correction from the bullish movement from the high last April was reached. It's a healthy correction so far. We're above the EMA 17 and SMA 30 and 50 on a daily basis. An inverse shoulder-head-shoulder-formation has been built and already broken. As we have cut through the SMA 200 (red) without any major...
Hello and welcome to this strategy in ACC a large cap Cement sector stock. It has made a Bearish Harmonic Alt Shark in hourly time frame suggesting downside levels of 2375/2300 as long as it stays below 2495. Harmonic patterns are based on Fibonacci ratios coming into alignment. They indicate reversal of trend for retracements of 38-50-62% and more depending on...
this is my personal analysis of a mid cap bullish stock i am not joking i traded this stock multiple times the arrow of ups and downs most give the return of more then (20-30)% each time i suggest you to have a look at the stock and follow your analysis . . . thanks