Ambuja Cements has support at Rs 125-130: Sudarshan Sukhani

Jul 25, 2013, 12.26 PM IST

Sudarshan Sukhani of s2analytics.com is of the opinion that one may see support for Ambuja Cements at around Rs 125-130.

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Sudarshan Sukhani of s2analytics.com is of the opinion that one may see support for Ambuja Cements at around Rs 125-130.

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Ambuja Cements has support at Rs 125-130: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the opinion that one may see support for Ambuja Cements at around Rs 125-130.

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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, " Ambuja Cements ' chart looks disastrous. After today's decline its next place of support is about Rs 125-130 which seems likely. So there is no sense in holding on."

"Cement has begun correction. When this correction is over then the buying opportunities will come in Ultratech Cement , perhaps not in ACC and Ambuja," he said.

Also Read: Ambuja Cements, ACC down after Holcim tweaks stakes

Rokok Kanker