UltraTech Cement has rallied fantastically after the recent crash, and has now approached a decisive price zone. Today's closing is not strong, which happens to be at its resistance level. Any further loss in strength will bring the price down in the next few sessions. If it manages to break the current resistance with a good volume and strong day close, we...
Wedge formation and breakout also confirmed in Ultracemco.
Swing Idea: NSE:ULTRACEMCO - LONG @CMP 7660 Entry -> 7660 SL -> 7395 TGT 1 - 8000 (R:R = 1.3) - Time frame -> 1 month TGT2 - 8200 (R:R = 2.05) - Time frame -> 1-2 months TGT3 - 8800 (R:R = 4+) - Time frame -> 4-6 months Reasoning: - Stock moving in a channel since 1+year. - Stock moving on lower end of channel with good consolidation - On the verge of...
Sundaram Finance Holdings Ltd. NSE:SUNDARMHLD NSE: SUNDARMHLD CMP: 83.65 Target 1: 96+ Target 2: 110+ Time frame: <6months Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading...
ULTRACEMCO is Ready for up Trend, We can buy above 7475 for upper targets
DATE: 04 OCT 2021 INSTRUMENT: ULTRACEMCO TREND: BUY TYPE: POSITIONAL. TIME FRAME: DAY CMP: 7515.60 BUY ABOVE: 7633 STOP LOSS: 7483 TGT 01: 7816.05 TGT 02: 7920.25 TGT 03: 8038.80 RISK DISCLOSURE: We are not S E B I registered analysts. VIEWS EXPRESSED HERE ARE FOR OUR RECORD PURPOSES ONLY. Please consult your personal financial advisor before investing. We are...
5 wave up move completed, expected to retrace to 38.2% of entire move. NSE:ULTRACEMCO
There seems to be something cooking up in all major cement stocks. Similar opportunities can also be found in related stocks. One should keep a close watch and can capture short term opportunities. Do let me know on my social media platforms shared below, which one of them is your favorite. The above analysis is purely for educational purpose. Traders must do...
Ultratech on daily time frame, we can see oval (if not perfect round) format. Incase if breaks below trend line - we can see good downside in short term. Please remember - currently trading just above 50 EMA Volumes are below average Next immediate support will be 50 EMA / 7054-6998 / 6685 Add to watchlist - please spend time and effort on own analysis...
What You See Is What You Get NSE:ULTRACEMCO
Ultratech cement is looking very strong and headed towards 7100+ in short term and 7300 in mid term. Watch out for the stock breaking out above 6980 with good volumes.
Cement sector has been in the buzz since last one year with a strong rally each expiry. ULTRACEMCO has also seen a good move recently and has been travelling through a upward sloping channel. Today at 6755 its at support zone of channel and could be bought for a tgt of 7015 positionally in near term. Recent support zone at 6680 is SL.
All the key levels are mentioned in chart with Stop-loss and Targets Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing
ULTRATECH CEMENT, Daily Chart. Buy on Dips only... Buy Zone @ 5050 to 5200 levels Stoploss 4870 Positional Target: 6000, 6300 Disclaimer Education purpose only Consult with your Financial advisor before trading or investing
It has broken the resistance with good raising volumes and next level would be 5157 followed by 5192. Do your own research before investing.
ultracemco upcoming move upside till 5100 level
Intraday Cash Sell ULTRACEMCO @3783.3-3789.30 SL 3854 TGT 3672 MACD cross over + cloud break down + break crucial support 3783 next support 3660 GO SHORT