Ambuja cements given a breakout on disjoint channel pattern and seems it is gaining volumes for coming bullishness in this stock, one more thing is there that Relative strength indicator is giving bullish signals and gives a breakout on it too.
CAUSE OF LONG-:
1- Disjoint channel breakout.
2- Relative strength indicator breakout.
3- Volume breakout.
4- Combination of breakouts.
CAUSE OF LONG-:
1- Disjoint channel breakout.
2- Relative strength indicator breakout.
3- Volume breakout.
4- Combination of breakouts.