Cement Stocks Are Bearish - Sell Ambuja Cement, ACC, & Ultratech

All cement companies like Ambuja Cements, ACC and Ultratech are now making intermediate bearish patterns that suggest us that the bull market that they were going through is going to see a deep correction. So no matter what the fundamentals, I think this is a time to sell them or even go short in them. However this is not a time to buy. All of these stocks should be available at lower levels irrespective of what the broad market does.