Multiple Timeframe Analysis of Ambuja cements
1. Stock is in a good up trend
2. Had a healthy retracement and formed bullish candle in monthly time frame
3. Trendline break out in daily time frame
4. Consolidation after trendline break out
5. Head and shoulders pattern inside the consolidation.
MY ENTRY
50% position at the support area
Rest of the position after a breakout of the neck of head and shoulder pattern
"This is not a call, this is just my view on the stock. Please trade sensibly"
Follow me on trading view to get more ideas like this.
2. Had a healthy retracement and formed bullish candle in monthly time frame
3. Trendline break out in daily time frame
4. Consolidation after trendline break out
5. Head and shoulders pattern inside the consolidation.
MY ENTRY
50% position at the support area
Rest of the position after a breakout of the neck of head and shoulder pattern
"This is not a call, this is just my view on the stock. Please trade sensibly"
Follow me on trading view to get more ideas like this.
Trade ativo
Trade fechado: objetivo atingido
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.