The impact of the early monsoon rains in June 2025 on rural...
Technicals for Ambuja Cements Limited
By MusingTheNews
2025-06-13 20:22
Overall Technical outlook
Price Summary
In today's trading session, AMBUJACEM's shares sank by -2.6%, marking a unimpressive day. On 2025-06-12, AMBUJACEM's stock began at 563.0, peaked at 563.6, dipped to 545.1, and closed up -2.6% at 548.35, with a volume of 1835584 shares. The highest price the stock achieved in the past 52 weeks is 695.0, while the lowest price it saw is 464.95. The projected price range for Ambuja Cements Limited is between 360.0 and 836.0, with an expected mean price of 614.6579, according to 38 analysts.
Technicals
Support and Resistance: The price for AMBUJACEM at 548.35 finds support at 544.6 and resistance at 562.05. This suggests a trading range, where 544.6 serves as a support level and 562.05 acts as a resistance point, potentially capping further gains. Support/Resistance for AMBUJACEM
Aroon: The Aroon indicator shows a continuation of the bearish trend, with Aroon Down holding steady at the 100 level. This ongoing downward pressure requires further exploration with additional indicators to understand its broader implications. Aroon chart for Ambuja Cements Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position for Ambuja Cements Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Bolinger Bands chart for Ambuja Cements Limited
Parabolic SAR: The PSAR has just shifted from bullish to bearish, hinting at a possible market decline. If this reversal is confirmed by other trends, it could be a very bearish signal. Investors should consider this shift carefully and seek further confirmation before taking action for Ambuja Cements Limited. Parabolic Stop and Reverse chart for Ambuja Cements Limited
Stochastic: The STOCHASTIC is currently in a neutral position for Ambuja Cements Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Stochastic chart for Ambuja Cements Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the wavering slopes of the 20 and 50 SMAs indicate that this momentum is weakening. This could be an early sign that the market is preparing for a bullish reversal, as the current downward trend begins to lose steam. Investors may soon see a shift towards more positive price action as the trend starts to change. Tripple SMA chart for Ambuja Cements Limited
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
This article explores the Reserve Bank of India's initiatives aimed at enabling...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.