Ambuja Cement: Cup and Handle is ready

AMBUJACEM is showing:

• A Cup and Handle formation with a good volume ready to be breakout
  
• RSI is pretty well placed to just enter an overbought region. Good momemtum.
  

Trade: Buy above 582, SL: 575, T: 585/589
Sell below 580, SL: 585, T: 575/571.