Ambuja Cements: Predicting Through Gann Fan Anticipated Happened


We had published an article saying that Ambuja Cements was one of the weakest cement stocks and can move down to 145-142 levels. We were almost accurate in mentioning the levels as the stock came down and made a low of 146.75 yesterday before the expiry of August series.

In our previous article we used Gann Fan to derive the possible support for this cement stock and we had even showed it to our readers. Yesterday the stock fell steeply and took support of the 3x1 line which is a very crucial angle. This angle of 3x1 has its own importance as prices move very slowly once it starts moving above it.

Find out the importance of other angles and how it can be used for trading perspective on 31st August and 1st September 2013. You can register yourself by writing to us on fivearcadvisory@gmail.com or you can call us on +91 022 23888933

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Ambuja Cement Anticipated on 21st August 2013



Ambuja Cements Anticipated Happened as on 28th August 2013






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