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happyCraft89083

Ambuja Cement breakdown of longtime trend line

Short
AMBUJA CEMENTS LTD (NSE:AMBUJACEM)  
happyCraft89083  
NSE:AMBUJACEM   AMBUJA CEMENTS LTD
Chart Patterns
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chartpattern
Ambuja cement had a breakdown of long time trend line.
Also it has formed a head and shoulder pattern and the price is at neckline.
If it breaks the neck line then we can expect more downside and reach next support of 340 or to 280 range.
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