Ticker

6/recent/ticker-posts

Stock To Watch : Ambuja Cements (NSE:ABUJ)

 

Ambuja Cements Ltd. – Technical Analysis Update (5 October 2025)


Ticker: NSE: ABUJ   |   Timeframes: Daily & Weekly   |   Indicators: Ichimoku, EMA Cross (9/26), RSI (14)


Daily Chart Analysis

Ambuja Daily Chart - target 630 on sustaining above 585-596

Ambuja Cements is trading inside a rising parallel channel visible on the daily timeframe, with multiple confirmed bounces from the lower trendline (support zone near ₹570–575). The stock recently rebounded from this area and is testing the ₹585–596 resistance range.

The Ichimoku Cloud shows price challenging the lower edge of the Kumo — a successful move above the cloud would signal a short-term reversal. The EMA 9/26 crossover is flattening and tilting bullish, while RSI (14) has turned up from the low-40s and sits near 50, indicating improving momentum.

  • Support: ₹570–575
  • Immediate resistance: ₹585–596
  • Target on breakout: ₹630
  • Bias: Bullish above ₹585 (confirmation on close)

Weekly Chart Analysis

Ambuja Weekly Chart - buy above 585 for target 630-665 SL 570

The weekly chart supports the bullish structure: price remains inside a broader ascending channel, with the lower boundary and the weekly Ichimoku Kumo providing strong confluence near ₹550–570. The stock is consolidating just below the key resistance of ₹585–590. A decisive weekly close above this level would open the path to ₹630–₹665.

RSI (14) on the weekly frame is ~52 — neutral-to-positive — leaving room for upside. The primary trend remains upward as long as price holds above ₹570.

Weekly Summary

  • Buy trigger: Above ₹585 on a weekly close
  • Targets: ₹630 / ₹665
  • Stop loss: ₹570

Trade Setup Summary

ParameterObservation
CMP (as on 5 Oct 2025)₹582
Buy ZoneAbove ₹585
Targets₹630 / ₹665
Stop Loss₹570
TrendUptrend (channel intact)
IndicatorsIchimoku Cloud, EMA Cross (9/26), RSI (14)
Conclusion: Ambuja Cements shows a constructive setup across daily and weekly timeframes. A confirmed breakout above ₹585–590 could trigger an upside move toward ₹630–₹665. Support at ₹570 is key — breaches below this level would invalidate the immediate bullish thesis.

Disclaimer: This post is for educational and informational purposes only and does not constitute financial advice. Always do your own research or consult a licensed advisor before trading.