Looks like a complex Head and Shoulders in progress.
Ambuja Cements Long with SL break of trendline on closing basis.
NIFTY Short if price comes into channel.
NIFTY nearing support levels at 9720 watchout for channel support
NIFTY Channel Support at 9980. Below 9980 another Channel support at 9740.
Price above Ichimuko cloud and above trendline support. Looks good to go long