ambuja cement
Updated
patterns are never accurate but if we consider it as a flag and pole pattern there are chances it can touch these levels let it confirm it is like a wedge narrowing at the end if it sustains the level of 413 and move further up then it's the confirmation and those who missed the rally may enter but after your analysis, this is not a recommendation.
all this is done in a 4-hour time frame.
As you can clearly see the divergence in rsi also whenever rsi shows divergence against the chart it is likely that the trend will change but always see divergence on higher time frame
all this is done in a 4-hour time frame.
As you can clearly see the divergence in rsi also whenever rsi shows divergence against the chart it is likely that the trend will change but always see divergence on higher time frame
Note
after taking a support chart has started its movement in the upside directionit can again reach its previous levels
Note
as said and as shown almost most of the stocks I examined on my channel did as we said. I started it because I saw people around me doing losses and crying and losing their capital.
one again this is not a recommendation of any stocks u need to do your analysis also if seems fit then take your decision else not.
don't trade blindly no matter if even ambani or Adani told you to do so
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