AMCEM trade ideas
AMBUJACEM : Ready for a Move ahead!🚀 Swing Trade Levels & Key Zones 💹
📅 Date: February 5, 2025
💰 Current Price: ₹513.70 (+18.55 | +3.75% )
📊 Ticker: NSE:AMBUJACEM
🔹 Key Levels to Watch:
High: ₹520.00
Low: ₹490.15
Open: ₹495.20
Close: ₹513.70
📌 Annotated Zones & Key Demand Areas:
🟢 Demand Zone (Extended Retracement): ₹468.00 - ₹494.30
⚡ Golden Retracement Zone marked with an 📈
🎯 Swing Targets:
✅ First Target: ₹606 - ₹621
✅ Second Target: ₹652.00
🛑 Stop-Loss:
🚨 Day Close Below: ₹480.55
📈 Projected Price Movement:
🔼 Upside Potential:
If the price sustains above ₹513.70, watch for a rally towards ₹606-621 📊
Further strength can take it to ₹652.00 🚀
🔽 Downside Risk:
Break below ₹494.30? Price may revisit the demand zone
Day close below ₹480.55? Swing structure weakens
📢 Traders Take Note:
This setup presents a strong swing trading opportunity! The demand zone of ₹468 - ₹494.30 can act as a potential entry zone. The swing targets offer solid profit potential, while a well-defined stop-loss ensures risk management. Keep an eye on the golden retracement area for key reactions! 👀🔥
#AMBUJACEM #StockMarket #SwingTrade #NSE #TradingView #StockstoWatch 🚀📊
Plan for 29th October 2024Nifty future and banknifty future analysis and intraday plan in kannada.
Result analysis.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
AMBUJA CEMENTS LTD S/R Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
20 EMA (Exponential Moving Average):
Above 20 EMA: If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory.
Combining RSI with Support and Resistance:
Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal.
Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
Ambuja cement Intraday level for 23rd July #AMBUJACEM Ambuja cement Intraday level for 23rd July #AMBUJACEM
Buying may witness above 689
Support area 680. Below ignoring buying momentum
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
AMBUJACEM- AnalysisBullish Levels -above 674 then 747 to 762 Safe players and new entry can be planned above this then 941 then 1135 then 1329 then 1426 OR 1523
Bearish levels :- Below 619 then 537
**Consider some Points buffer in above levels
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
AMBUJACEM (Ambuja Cements Limited) - Swing TradeRELIANCE (Reliance Industries Limited)
Closing Price: ₹2,972.1
Change %: 1.74%
Volume: 7,304,130
High: ₹2,984.45
Reliance Industries, a market heavyweight, saw a 1.74% increase, closing close to its intraday high. The considerable volume signifies robust investor confidence. Given Reliance's diversified business portfolio and market influence, the stock is likely to maintain its upward momentum, making it an attractive swing trade option.
Kindly conduct thorough analysis and consider market conditions before making any trading decisions.
AMBUJA CEMENT 1Day1. Strong trend line break can be observed
2. It is a nice indication for a down trend
3. After breaking this down box we can see
a nice move.
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I Am Not SEBI Registered Analyst. All Post and Levels Posting is only for educational and knowledge purpose. I Am not responsible for your any kind of loss or profit.
No Claim, All Rights Reserved.‼️
"Why Investing in Ambuja Cements Limited Stock is a Smart Move" buy now on 460 price at a lucrative price with potential upside of18 percent
wsup mefor more recos 8459 22 0202
Ambuja Cements Limited is a major cement manufacturing company in India. The company was established in 1983 and is headquartered in Mumbai. It is a part of the LafargeHolcim group, one of the world's largest building materials companies. The company operates in various states in India, and also has a presence in the Middle East and Africa
Review and plan for 2nd May 2024Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
AMBUJA CEM READY FOR A BREAK OUT??AMBUJA CEM at all time high almost after more than a year and re-testing that resistance since few days may break and give a good swing or positional trade by making a new high looks like a nice and decent trade with good targets
ENTRY - 586-587
STOPLOSS - 578
TARGETS - 600, 620, 650++
Note- if any trade or value that's gone from the marked levels then that's not our trade just let it go or wait for it to come back
I'm not sebi registered this is my personal view