Bearish pattern observed in AMBUJACEM

2021年10月20日

As shown in chart in long period we can see a double top formed and further if we observe we have kind of head & shoulder pattern formed in chart and further breakdown has happened yesterday below that point.
One can SELL around CMP or around 400 with Target below 370

Happy Trading!

2021年10月21日

註釋

As expected AMBUJACEM retraced till 399.90 (nearly 400) and then fell from there. Current low 381. AMBUJACEM PUT side good profit booked.