AMBUJA CEMENT INTRADAY SET FOR 21.02.2023
So , here I share with you the strategy for Intraday Trading for AMBUJA CEMENT . On daily time frame the Stock with CMP as 352.45 has already entered the reversal pattern and has potential to go trend up till 595. On lower time frame , i.e. 15 Mins , the stock is in range. If Stock Breaks this range , as detailed in the chart , we can enter the trade with different entry levels and targets.
Remember , the Chart has just entered the uptrend and thus we shall only look for the opportunities to buy.
Our First Condition to enter the trade is Break out @ 356.75
Technical Indicators on 15 mins candle :
CMP : 352.45
MA50 : 350.07
MA200 : 352.31 ( Making Golden Cross Over)
RSI : 55.62
ADX(14) : 24.26 ( Directional Strength )
ATR (14) : 2.6 ( High Volatile )
To understand Market Structure at daily frame, please refer to the link.
Share your Views and boost my idea if you agree :)
Remember , the Chart has just entered the uptrend and thus we shall only look for the opportunities to buy.
Our First Condition to enter the trade is Break out @ 356.75
Technical Indicators on 15 mins candle :
CMP : 352.45
MA50 : 350.07
MA200 : 352.31 ( Making Golden Cross Over)
RSI : 55.62
ADX(14) : 24.26 ( Directional Strength )
ATR (14) : 2.6 ( High Volatile )
To understand Market Structure at daily frame, please refer to the link.
Share your Views and boost my idea if you agree :)
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.