Ambuja Cement : Ascending Triangle

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Daily Chart
The price continuously making a higher low since feb’23. The price breached the long resistance and opportunity to accumulate for long term investment.

Price above 20 & 50 ema and short term resistance will be 200 ema [Rs 425]

If today’s price closed above Rs 400.
Target 20%, Stop Loss 7%


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Thanks
-AJ

Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.
Nota
Adani Effect ✔

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Dagangan ditutup secara manual
Close the trade (if any) as per price action.
Chart PatternsTechnical IndicatorsTrend Analysis

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