Multi Year Breakout in AMBUJA

٨ أبريل ٢٠٢١

There is a multi year strong bullish breakout spotted in Ambuja Cement on its Monthly Charts. March 2021 candle was a Bullish Marubozu candle. The breakout is also confirmed by a green candle on its weekly chart. Bulls have established their control over this stock. 50 day EMA and 100 day EMA have already shown a buy signal on its weekly charts.

٨ أبريل ٢٠٢١

ملاحظة

There is also a significant rise in volumes which conforms the further uptrend.