AMBUJACEM - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 4.6

📊 Technical Overview of Ambuja Cements Ltd. (AMBUJACEM)

📈 Trend Analysis

Current Price: ₹610

50 DMA: ₹579

200 DMA: ₹559

Trend Status: The stock is in a strong uptrend, trading well above both moving averages. This reflects bullish momentum and sustained accumulation.

📉 Momentum Indicators

RSI (65.2): Bullish. Indicates strong momentum, nearing overbought but still within a tradable range.

MACD (12.6): Positive — confirms bullish crossover and trend continuation.

Volume: 34.9L vs 1-week avg of 21.6L — significantly above average, signaling strong buying interest.

📊 Bollinger Bands

Price likely near the upper band, consistent with bullish RSI and MACD.

Bands are expanding, indicating momentum breakout and volatility surge.

📈 Moving Averages Summary

Indicator Value (₹) Signal

50 DMA 579 Support

200 DMA 559 Strong Support

Current Price 610 Above both DMAs — bullish bias

🔍 Support & Resistance Levels

Type Price Range (₹) Notes

Support 1 585–590 Minor pullback zone

Support 2 560–570 200 DMA zone

Resistance 1 635–645 Short-term resistance

Resistance 2 685–687 52-week high zone

🎯 Entry & Exit Strategy

Optimal Entry Zone: ₹585–₹595 (on dip with volume confirmation)

Exit Zone (Short-Term): ₹635–₹645 (initial resistance), ₹685+ (if breakout sustains)

Stop Loss: ₹570 (below 50 DMA)

📌 Summary

Trend: Trending upward

Momentum: Strong and accelerating

Volume: High and rising

Setup: Bullish continuation likely; suitable for short-term breakout trades and medium-term accumulation

Would you like a comparative analysis of AMBUJACEM vs other cement sector leaders like Ultratech or Shree Cement to identify relative strength and valuation gaps?

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