Sell Ambuja Cements - Stock Recommendations

Ambuja Cements is recommended to sell in the range of 160-163. for short term period. It's been a short call but may be not after 4.5% fall. Ambuja and 165.5 should be the stop loss. The best range for short it is 160-163 and 166 can be taken as stoploss. It will go around to possibly 150, which is the 200 day average.

Target - 150 || Stoploss - 166