MTECHTIPS:- AMBUJACEM

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MTECHTIPS:- AMBUJACEM:-     AMBUJACEM is in SELL position Share is moving sideways so short term investor better to buy only if close above 239.9 with stop at 218.85 on closing The AMBUJACEM is now trading in highly oversold level. The oscillator is showing BUY signal .The short term sell signal is supported by 50 % indicators.  Intraday trend-Sell if open below 216.8 with stop loss at 222.6 or sell below 214.3Buy is not advised till it cross 225.1 The intraday signal is SELL and it is supported by 88 % indicators.

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