Ambuja Cement- Three Mountains --Can it turn into Kilroy Pattern
Well from my last update- I was looking out for rising trendline to be broken for a trading opportunity-Vow, It broke There was good short term opportunity.
Going Forward- Ambuja Cement has Three Mountains Pattern in the range 277-278 - if flipped, it can turn into Kilroy Pattern(Inverted Head & Shoulder Pattern) as stated in most famous book of technical analysis by Edwards & Magee.
Either we get a break of 277-278 Neckline for Inverted H&S to get activated or breaking below 256- Three Monutains get activated- Let us wait for the time to tell us the Ambuja story.
Regards,
Abhishek H.Singh, CMT
Going Forward- Ambuja Cement has Three Mountains Pattern in the range 277-278 - if flipped, it can turn into Kilroy Pattern(Inverted Head & Shoulder Pattern) as stated in most famous book of technical analysis by Edwards & Magee.
Either we get a break of 277-278 Neckline for Inverted H&S to get activated or breaking below 256- Three Monutains get activated- Let us wait for the time to tell us the Ambuja story.
Regards,
Abhishek H.Singh, CMT
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
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Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
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