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
You can also visit
our official facebook page www.facebook.com/FiveArcAdvisory
Ambuja Cement
Anticipated on 21st August 2013
Ambuja Cements
Anticipated Happened as on 28th August 2013
Comments