AMBUJA CEMENT – HEAD & SHOULDER PATTERN – DAILY
Chart is showing head & shoulder pattern in Ambuja cement. Neckline is formed around 173 level and height of head from neckline is 22 points. It gave us signal that once it break the neckline (circled candle) then there is pretty good chance it may touch 150 level which is 173-22 = 151 and it touched the low of 150.10
