AMBUJA CEMENTS LTD; CMP: 676.50; RSI: 54.95
Infrastructure push from government of India and consolidation in a cement sector, makes Ambuja cement a good buy at the current market price. One should accumulate at current price and wait for a long term to see the share multiplying their investment. For the short term targets visible on charts are,
Target-1: 732
Target-2: 796
Stretched target: 902
Stop Loss: 570