Ambuja Cements stock daily chart analysisAmbuja cement stock on last trading session closed at 205.65 with gain. On the daily chart, stock price trend and momentum both are bullish. Stock above 200 level will remain to buy for targets 210 and 222. These are also strong short term resistances. Below 200 level, next support for the stock will be at 191 rupee level. Ambuja Cements stock weekly chart analysisAmbuja cement stock on the weekly chart is near breakout above 205-207 resistance zone. If on weekly closing basis stock gets above this then that will buy signal for swing traders and investors. Above 207, the stock will enter bullish cycle. On downside 183 and 162 support zones as well as reentry zones on correction. On upside 224 and 245 are medium term targets of breakout or trend change. Below 207 stock will remain weak. Ambuja Cements stock investment viewFrom investment view, Ambuja cement stock will be attractive around 130 to 170 rupee zone. Stock below 220 will remain weak from longer term view. Above 220, investors can expect targets of 260 and 302. Use current downtrend to accumulate for target 260 and above. Ambuja Cements stock fundamental view Ambuja Cements Ltd company DescriptionAmbuja Cements Ltd, a part of Holcim, is an India-based cement manufacturing company. Holcim is a supplier of cement and aggregates (crushed stone, gravel and sand). Its activities include the manufacture and distribution of cement, and the production, processing and distribution of aggregates, ready-mix concrete and asphalt. It also offers consulting, research, trading, engineering and other services. The Company has five integrated cement manufacturing plants and eight cement grinding units. Its cement capacity is approximately 27.25 million tons. The Company manufactures Portland Pozollana cement. The Company’s subsidiaries include M.G.T. Cements (Private) Limited, Chemical Limes Mundwa (Private) Limited, Kakinada Cements Limited, Dirk India (Private) Limited, Dirk Pozzocrete (MP) Private Limited and Dang Cement Industries (Private) Limited. forby sms join us now at .
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