500425 NEWS why is Ambuja Ceme price falling or rising

500425 NEWS reasons for why stock price of Ambuja Ceme is falling or rising

500425 Ambuja Ceme is falling or rising technical reasons

Technical analysis forecast for Ambuja Ceme Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Ambuja Ceme 500425 at this time. Stock is falling and might fall more.

It appears as if Ambuja Ceme 500425 gave a large move recently.

Stock of Ambuja Ceme (500425) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Ambuja Ceme is bearish for shortterm, and stock might move down till 594.5 or till 573.7. Use a stoploss of 611.82 and if the stock hits stoploss, then it can shoot up till 629.17

500425 Ambuja Ceme is falling or rising NEWS fundamental reasons

Buy Ambuja Cement; target of Rs 831: ICICI Securities ICICI Securities is bullish on Ambuja Cement has recommended buy rating on the stock with a target price of Rs 831 in its research report dated April 18, 2024. - NEWS as on 2024-04-18 moneycontrol.com

Ambuja Cement allots 26.54 cr equity shares on conversion of warrants With this conversion and allotment, entire 477,478,249 convertible warrants issued to Harmonia, stands converted into equity shares. - NEWS as on 2024-04-17 business-standard.com

Ambuja Cements to acquire My Home Group's 1.5 MTPA cement grinding unit in Tuticorin Ambuja Cements has signed definitive agreement to acquire My Home Group's 1.5 MTPA Cement Grinding Unit in Tuticorin, Tamil Nadu. The acquisition estimated at a total value of Rs. 413.75 crore through internal accruals will aid in enhancing the coastal foo - NEWS as on 2024-04-15 business-standard.com

More announcements and NEWS

500425 Ambuja Ceme current price & indicator signals

Moving Averages for Ambuja Ceme

  • 5Day Average: 611.84
  • 12Day Average: 621.61
  • 20Day Average: 611.15
  • 50Day Average: 598.12
  • 100Day Average: 556.49
  • 150Day Average: 513.63
  • 200Day Average: 495.44

500425 Indicators & signals

Indicator MACD (12,26,9)

614.91, 608.79, 8.18
Indicator MACD is in positive zone

Indicator ADX (14)

0.99, 22.76, 22.32
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of 500425 Ambuja Ceme are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Fri Apr 2024 609.45 601.00 to 614.25 -1.11% 1.3 times
18 Thu Apr 2024 616.30 611.50 to 640.95 -0.11% 2.44 times
16 Tue Apr 2024 617.00 601.35 to 622.90 1.68% 0.81 times
15 Mon Apr 2024 606.80 593.20 to 615.30 -0.47% 1.54 times
12 Fri Apr 2024 609.65 606.00 to 629.95 -2.54% 0.66 times
10 Wed Apr 2024 625.55 620.10 to 628.60 0.36% 0.57 times
09 Tue Apr 2024 623.30 618.70 to 633.70 -1.11% 0.54 times
08 Mon Apr 2024 630.30 622.05 to 634.60 0.47% 0.82 times
05 Fri Apr 2024 627.35 618.60 to 633.00 0.51% 0.63 times
04 Thu Apr 2024 624.15 622.85 to 640.95 -1.71% 1.02 times
03 Wed Apr 2024 635.00 627.00 to 640.25 0.09% 0.97 times
02 Tue Apr 2024 634.45 619.70 to 637.40 2.09% 1.07 times

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500425 NEWS why is Ambuja Ceme price falling or rising

 

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