Descending Channel in Ambuja Cement

١٦ سبتمبر ٢٠٢٣

A descending channel is being formed in Ambuja Cement Daily Chart. Though this is a early stage of the channel, usually these kinds of descending channels breaks out upside. But before trade entry, needs to confirm with other technical indicators too. For a more clear indication, price needs to cross 450 with a good volume.