AMBUJA Cements – Bearish- Entry 247.5-SL 262- Head and Shoulder

[Srinivasan K.S]

Ambuja cements took almost 3 months to form head and shoulder pattern with high volumes on left shoulder.

Good volumes found on head and with low volumes on left shoulder.

Trade plan :

Symbol – AMBUJACEM

Direction – short

Entry – 247.5

SL – 262

Exit – 220

[Author]

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