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H&S pattern formation Ambuja Cement.

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NSE:AMBUJACEM   AMBUJA CEMENTS LTD
The chart is itself explanatory.

Ambuja cement testing its dynamic support as well as it is near to give head and shoulder breakout.

Keep a close eye on Ambuja cement if the breakout happens and it stays below 387 then we can see more weakness.

and price can drag up to 347-40

Happy Trading.

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