rohitkukreja

Bullish Breakout in UltraTech Cement

Long
NSE:ULTRACEMCO   ULTRATECH CEMENT
Price was in solid uptrend from last few months and started consolidating in a range from past few days.
Today the price brokeout of that range and closed above it with a good volume as well.
I expect price to continue to rise further atleast till 8930.
Entry can be intiated at CMP.
Stop loss below the low of breakout candle.

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