Skip to main content

Ambuja Cement

Ambuja Cement:-

24/12/14

The stock has been trading in a channel near the upper trend line, it has broken with good volume which is expected to take the stock to 202 levels

CMP - 181.5
SL - 179
T - 185/ 202

Ichimoku signals are in accordance between daily and 30-min charts.

30-min chart

Comments

Popular posts from this blog

Persistent Systems

Persistent Systems :- The stock has been making upmoves with consolidation at each stage. This indicates the strength of the stock. The stock should be accumulated at these levels for higher targets in coming months. This is long term stock and with strong fundamentals. It has good %age holding across foreign and inhouse funds. SL - 900 , TP - 1200, CMP - 973 (2 Months)

Kei Industries

Kei Industries :- (STRONG BUY) Broken the channel with strong volumes, %delivery at 70. Buy for Target of 16.5, SL - 11. If targets are met, Hold for Target of 19+. Monday would be a volatile session, if the stock corrects wait for the levels of  11 - 10.5. This would be the best zone to go for Long position. Daily Chart