Ambuja Cement 4H chart structure
Mature down trending or descending channel now, can see both trend and counter trend waves clearly. Although the channel is a descending one but now shorting will eventually get more and more riskier and then the eventual uptrend will resume once again.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.