Ambuja Cement Bullish close @ Demand Zone with Bullish Divergenc
Buy Ambuja cement in range 268-270 stop loss 262 Target 282-284-289
Rationale: Bullish close @ Demand Zone with Bullish Divergence, Rise in volume on hourly chart with falling trendline breakout.
Theres immediate resistance @ 272-275 (50DMA & Gap supply, once taken out expect targets to achieve)
Rationale: Bullish close @ Demand Zone with Bullish Divergence, Rise in volume on hourly chart with falling trendline breakout.
Theres immediate resistance @ 272-275 (50DMA & Gap supply, once taken out expect targets to achieve)