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InsiderB
Aug 4, 2016 2:25 AM

Ambuja Cements : Bullish Bat pattern completion Long

AMBUJA CEMENTS LTDNSE

Description

I don't know why its raining patterns everywhere... Just one short caution : Trade patterns only if you are well-versed with it and if you know its success ratio.
We got bullish bat pattern completion in Ambujacem exactly in support zone ,similar one we got in ashok leyland also. GSTbill looks good for cement and auto's, so I'm expecting gapup, though in Nifty I expect Gap down bcos of profit booking (sell on News) & [I may be wrong & Nifty can make us wonder why it happens].

Happy Trading !
Comments
theeye
As I was trying to gain some technical knowledge in stocks, I came across this site 2 days ago and as going through your posts, I appreciate your work on charts and technicals.
Ambuja Cement went up like rocket after bat pattern. Thanks for sharing your knowledge.
InsiderB
I'm really glad that you like my posts, feeling content about the work I'm doing here.Thanks for your appreciation and those kind words :)
MANOLIS
Very nice..
InsiderB
Thanks for the comment :)
AMBRISH
Thanks You.
InsiderB
Thanks for your continuous support !
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