Technical Analysis Ambuja Cements Limited

The stock $AMBUJACEM has been in a clear downtrend since late 2025 moving from highs near ₹600 down to around ₹400. It is currently entering a consolidation/sideways phase between ₹400 and ₹460. The aggressive selling pressure has slowed down. Immediate Support ₹400 – ₹410. The stock recently bounced multiple times from this zone late March and early June showing that buyers are defending this level. Immediate Resistance ₹460 – ₹470. Recent relief rallies have failed to cross this zone making it a strong supply area. Major Resistance ₹500. A psychological level and a previous breakdown point. For short-term buyers the stock is currently in a wait and watch zone fresh long positions should only be considered if it convincingly breaks and closes above the immediate resistance of ₹460–₹470 keeping a strict stop-loss below ₹400. For existing holders it is highly recommended to continue holding the stock as long as it respects the crucial support level of ₹400. A breakdown below ₹400 would signal a continuation of the broader downtrend making it a critical risk-management level for both traders and investors.