Ambuja Cem Buy Ltp : - 115.90

Ambuja Cem, after improving moderately from a lowof Rs. 109.40 to a high of Rs.127.90, has reacted to alevel at Rs.112.25. At the current price of Rs.115.90,it is trading in 4E ZONE i.e. all the averages are inBEAR PHASE and the current price is placed belowall the averages. High risk traders can buy in therange of Rs.113-115 with a stop loss below Rs.111 inclose for a conservative upper target of Rs.123 andan optimistic upper target of Rs .128. Holding periodcan be 6-7 days.