AMBUJA CEMENTS

Raising Wedge Pattern Formed.

Analysis:There are 3 different Possibilities as below.

Case-1:
Buy above 203.9
can go For Longs
Targets are 204.9,206.25,207.5,211.45,212.1++
SL-199.5

Case-2:
It may fall From CMP till 195.9 and due to support there can be PRZ From 195.9 to 205.05.

Case-3:
It may Fall From CMP till 186.85 in coming days.