Stock analysis Ambuja Cements Limited AMBUJACEM
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Recent prices of AMBUJACEM Ambuja Cements Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 19 Fri Apr 2024 | 609.65 | 601.05 to 614.15 | -0.91% | 0.68 times |
| 18 Thu Apr 2024 | 615.25 | 611.00 to 637.80 | -0.37% | 1.69 times |
| 16 Tue Apr 2024 | 617.55 | 601.25 to 622.00 | 1.76% | 0.68 times |
| 15 Mon Apr 2024 | 606.85 | 593.45 to 615.60 | -0.33% | 0.9 times |
| 12 Fri Apr 2024 | 608.85 | 605.60 to 630.30 | -2.69% | 1.42 times |
| 10 Wed Apr 2024 | 625.65 | 620.40 to 628.75 | 0.41% | 0.44 times |
| 09 Tue Apr 2024 | 623.10 | 618.55 to 633.95 | -1.18% | 0.83 times |
| 08 Mon Apr 2024 | 630.55 | 622.10 to 634.50 | 0.53% | 1.01 times |
| 05 Fri Apr 2024 | 627.20 | 618.20 to 633.25 | 0.4% | 0.81 times |
| 04 Thu Apr 2024 | 624.70 | 623.60 to 640.80 | -1.61% | 0.72 times |
| 03 Wed Apr 2024 | 634.95 | 626.50 to 640.30 | 0.04% | 1.5 times |
| 02 Tue Apr 2024 | 634.70 | 619.65 to 637.10 | 2.12% | 1.54 times |
Technical analysis forecast for Ambuja Cements Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Ambuja Cements Limited AMBUJACEM at this time. Stock is falling and might fall more.
It appears as if Ambuja Cements Limited AMBUJACEM gave a large move recently.
Stock of Ambuja Cements Limited (AMBUJACEM) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
My analysis of Ambuja Cements Limited is bearish for shortterm, and stock might move down till 594.4 or till 573.5. Use a stoploss of 611.77 and if the stock hits stoploss, then it can shoot up till 629.16