Bearish pattern observed in AMBUJACEM

20 באוק׳ 2021

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!

21 באוק׳ 2021

הערה

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