Hi , friends I am Jaydip Dantani
my eduction in BBA+MBA INCHADIGHAD UNIVERSITY
I am in market 4 year ,
Purely survive in technical Analysis
+NISM CERTIFID
Ambuja Cements #AMBUJACEM an inverted head and shoulder breakout with a technical target of 465. Minor resistance ahead with change of structure around 390.
Volatility Contraction Pattern (VCP), read Mark Minervini books to know more; or I'll try to make a thread.
Simply put sellers are unable to crack the prices the way they did in the first time, although certain conditions of 60% contraction needs to be fulfilled.