Below chart of ambujacem is formed a bullish engufling pattern with support of good volumes, the price movement is likely to reverse above 162.5.
one can buy above 162.5 where the next area of resistance is seen around 168 / 172 on lower side support expected around 156.
Technical analysis on Indian stock market, commodities and Forex base on candlestick pattern, bar pattern and technical indicator. Trade with STOP LOSS ONLY.
Tuesday, April 17, 2012
AMBUJACEM : Hold support of trend line as well as formed a Bullish Engulfing Pattern
AMBUJACEM : Hold support of trend line as well as formed a Bullish Engulfing Pattern
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