Sahil_Narkar

Ascending Triangle on Ambuja Cements

NSE:AMBUJACEM   AMBUJA CEMENTS LTD
A Hammer pattern is seen on the hourly timeframe.
Even though we can see a ascending triangle , the bullish volumes are reducing.
A long can be possible only when we can see it above 407-408 levels.
A Short can be possible when it breaks the trendline and till T1-393, T2-383.
Next week can help us get more info on this.
Trade closed: target reached

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