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AMBUJA CEMENTS Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock moving below 50 days moving average and golden ratio, further weakness expecting once stock closes below 201.50. (Updated On 13th August 2014, Wednesday).


AMBUJA CEMENTS




  • AMBUJA CEMENTS is trading below its golden ratio 161.8% fibonacci retracement this indicates as long as stock trades below it will favor by bears, but stock is stuck at its trend line support zone around 201.50. Close watch once stock closes below and stays below 201.50 then further weakness is expecting in AMBUJA CEMENTS.
  • If stock closes below 201.50 and falls further then will next strong trend line support around 192.50, as shown in graph no2.
  • Technical also indicates that earlier Ambuja was holding its 50 days moving average support , by looking at chart closely it indicates that from last 4 times stock took its 50 DMA support and bounced back, but this time stock is trading below its 50 DMA, as long Ambuja trades below it will favored by bears . close watch. Moreover stock major trend indicator MACD is now moving in negative zone this indicates stock to move down.
  • Click here to see all the free trading reports (tips) published by us on AMBUJA CEMENTS.
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What is Intraday Tips ?

Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips

.