Neeraj_S_

Multiple Timeframe Analysis of Ambuja cements

Pembelian
Neeraj_S_ Diupdate   
NSE:AMBUJACEM   AMBUJA CEMENTS LTD
1. Stock is in a good up trend
2. Had a healthy retracement and formed bullish candle in monthly time frame
3. Trendline break out in daily time frame
4. Consolidation after trendline break out
5. Head and shoulders pattern inside the consolidation.


MY ENTRY
50% position at the support area
Rest of the position after a breakout of the neck of head and shoulder pattern


"This is not a call, this is just my view on the stock. Please trade sensibly"

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