AMBUJACEM

stock price analysis and expected future moves

the candlestick formed was outside the lower band of bollinger band on daily basis chart which indicates that the stock os trading at oversold zone and a rise in price may be seen the stock price of

has closed below 200 moving moving average on 18th june after that on 19th june the stock price falls 2.25 percent 200 moving average acts as an important support and resistance level and today the stock price has taken support from 100 moving average with the candlestick with large show and small body now further rise in stock price may be seen and it may move toward the level of 550 bullish until the stock price is trading above 100 moving average