BitonGroup

AMBUJA CEMENTS LTD Analysis 04/03/2021

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NSE:AMBUJACEM   AMBUJA CEMENTS LTD
as we can see the price is renege Bounding in an ascending Paralleled Chanel where as the Fibonacci Projection shows some confluences with the Top Red Trendline which is the long term trend line and can be used as a resistance area.
we can be optimistic about 1 TP , which is 161.8% i.e Extension Level of the same Fibonacci projection and if triggered and show some candle pattern and the resistance turned to Support, then we can target the 261.8% of the same which is 3TP
トレード終了: 利益確定目標に到達:
All 3 Targets Plus the Ultimate 4 Target got Achieved

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