  We present the results of high resolution spectroscopy of the prototype polar
AM Herculis observed with Chandra High Energy Transmission Grating. The X-ray
spectrum contains hydrogen-like and helium-like lines of Fe, S, Si, Mg, Ne and
O with several Fe L-shell emission lines. The forbidden lines in the spectrum
are generally weak whereas the hydrogen-like lines are stronger suggesting that
emission from a multi-temperature, collisionally ionized plasma dominates. The
helium-like line flux ratios yield a plasma temperature of 2 MK and a plasma
density 1 - 9 x10^12 cm^-3, whereas the line flux ratio of Fe XXVI to Fe XXV
gives an ionization temperature of 12.4 +1.1 -1.4 keV. We present the
differential emission measure distribution of AM Her whose shape is consistent
with the volume emission measure obtained by multi-temperature APEC model. The
multi-temperature plasma model fit to the average X-ray spectrum indicates the
mass of the white dwarf to be ~1.15 M_sun. From phase resolved spectroscopy, we
find the line centers of Mg XII, S XVI, resonance line of Fe XXV, and Fe XXVI
emission modulated by a few hundred to 1000 km/s from the theoretically
expected values indicating bulk motion of ionized matter in the accretion
column of AM Her. The observed velocities of Fe XXVI ions are close to the
expected shock velocity for a 0.6 M_sun white dwarf. The observed velocity
modulation is consistent with that expected from a single pole accreting binary
system.
