4/11/2012 09:28:00 PM
















AMBUJACEM  :- CMP :- 159.55

The Stock Has Breached Previous Month Low Of 158.65 And Made New Monthly Low Of 158 And  Was Just Able To Give Close Above It. This Stock Has Breached Trendline And Was Able To Give Close Below It And Now The Immediate Support Comes @ 156 And Below Which It Could Target To 148 Levels Also. Advice To Short On Rise @ 164 Approximately With Closing Stoploss Of 169. Stock Is Still Trading Above 200 Dma Which Is @150 And 200 Ema Is @ 154 As On Date. Indicators Sugessting Downside But Rsi 2 Looks Oversold And Is At 5 Levels. So A Bounce With Nifty Is Expected.


PERFORMANCE OF STOCK