AbhishekHSinghCMT

Ambuja Cement- Is Right Shoulder Done?

Long
NSE:AMBUJACEM   AMBUJA CEMENTS LTD
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4
Failure to get daily close above 278 shall hold Kilroy or Inverted Head & Shoulder pattern from getting activated, but bang on for the move from 266 to the little above 277.


Trade active: 09:52 Hrs-IST-7th Sep2016- Not giving daily close above 278- its facing resistance over there. Near term action will show us the direction
Trade active: 12:45 Hrs- IST-9th Sep2016- Aha its going above 278. Currently trading at 273.50
Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India

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