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⭐️ Ultra Equity Advice #117 | Buy | Expected Profit 4-8%

Note: The following recommendation(s) have been suggested and distributed during live market hours via messenger for quick circulation so that no ultra subscribers miss the opportunity.
In such a particular case(s),  we are publishing the article after market hours.

  Buy    AMBUJA CEMENTS  

CP#212.9
IdeaBUY
Buy Range211 – 213
Target220 – 230
StopLoss*205
Duration5 – 6 Trading Days
Potential Returns^4 – 8%
CMP#IdeaBuy RangeTargetStopLoss*DurationPotential Returns^
212.9BUY211 – 213220 – 2302055 – 6 Trading Days4 – 8%

# CMP – current market price on Feb 26, 2020 at 11:01 a.m.
* Maintain recommended StopLoss by daily closing basis.
   Once 1st target hit, reset StopLoss at 216.
^ Potential returns are calculated based on the median of buy range.

AMBUJA CEMENTS SHARE PRICE LIVE UPDATE - POSITION & ACTIVITIES

Position: Long Ambuja Cements at ₹ 212.9 by GoodluckCapital on TradingView

Position: Long Ambuja Cements at ₹ 212.9 by GoodluckCapital on TradingView

  • 26 February 2020

    Goodluck Capital Recommendation
    ⭐️ Ultra Equity Advice #117

  • 4 March 2020

    Trade closed: stop reached
    ⛔ Stoploss hit - 204.40

  • 4 March 2020

    Comment
    ⭕️ Return 4%

Ambuja Cements RECOMMENDATION VIA WHATSAPP

MONEY MANAGEMENT AND TRADING RULES

1)  It’s advisable not to enter/exit beyond the recommended range.
2)  Strictly follow the StopLoss as mentioned. Honour it.
3)  Use trailing StopLoss to retain profits.
4)  Diversify trading capital into our other technical recommendations.
5)  Risk only the money what you can afford to lose. Hedge accordingly.

ANALYST SUMMARY

The research analysis is prepared by Arijit Banerjee, CMT, CFTe. He is a veteran trader and an active investor having in-depth knowledge in financial market research, advanced technical analysis, market cycle, algorithmic trading and portfolio management. Arijit is a Chartered Market Technician (CMT) accredited by CMT Association USA, the leading global authority of Technical Analysis and has been honoured by Certified Financial Technician (CFTe) from the International Federation of Technical Analysts, USA. SEBI, the regulatory body of Indian financial market also recognizes him as a Research Analyst (INH300006582).

Disclosure

The views expressed herein are based solely on information available publicly/internal data/other sources believed to be reliable, but is not necessarily all-inclusive and is not guaranteed as to accuracy. The recommendations provided herein is solely for informational purposes and are not intended to be and must not be taken alone as the basis for an investment/trading decision. Trading and investing are subject to market risk and the securities discussed and opinions expressed herein may not be suitable for all investors. To read the full disclosure, please click here.

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