1-hour chart, the stock is trading mostly in the orange channel towards the resistance line R. After crossing at around 10025, the target will be 10795 extending to 10853 Consider the Stop Loss (SL) below the bottom line of orange channel
ADD AT 8050 SL 7925 , hopefully can reverse from here worth a shot due to decent risk / reward ratio
NSE:ULTRACEMCO Strategy: Short The cement manufacturer saw a 36% dip in their consolidated net profit to Rs 1,666 crore for Q4 ended March. Those who bought early, it's a perfect time to book profits. For new entry wait till the price come to the green rectangular box i.e. the ideal buying zone. Never trade a short without a stoploss. *Not a financial...
Ultratech Monthly Anylys 9-3-203 Buy over 7825 closing for 9785 sl on prv monthly / weekly lower break
Ultratech cement is gives breakout in upper side it can go up to 7550
The Scrip is breaking out from a Cup & Hadle pattern and weekly chart the stock is breaking out from a Inverted HnS pattern. keep this in radar.
Invers head and Shoulder pattern Breakout Small SL and Small targets can be achievable.
! hourly timefram chart of ultratech cement in which strong resistance zone is 7070 and it is also taking support at trendline so below 6760 we can think to short this stock important level are 7060 and 6770
hey traders this is daily chart of ultratech cement this is making head and shoulder pattern on daily chart if it cross 7060 and sustain above this level for some time then it can be bullish but if reject from here then it falls down short below 6780
ULTRATECH CEMENT has formed an inverse head and shoulder pattern and it is about to give a breakout after that we can plan for an entry.
Providing Weekly Support and Resistance levels for next coming week based on Central Pivot Range and its major support & resistance levels of week, where price can take support and face resistance. Three black lines indicating weekly Central Pivot Range. Previous week high & low also performs as a major support and resistance levels. Can take long & short...
The scrip is in inverted HnS and Left Shoulder and head is formed, Now the scrip is bouncing back with double bottom and breakout. in daily chart and hourly chart its trading above resistance of double bottom breakout. keep the stock in radar.
Ultratech Cement has formed beautiful inverted H&S pattern. ABC correction is completed and wave 3 is in progress now. Looking strong for a good long position.
ULTRACEMCO look like double top.. maybe we can see down site 6349, 6235 level in coming days Fibo Level and bearish harmonic pattern and also give short signal Sell CPM 6459 Targets~ 6349, 6235
ultratech cement has retested its neckline of H&S we can buy puts for 5200-400 sl 5900 daily candle on sustaining basis
A clear downtrend though profits increased 48% YOY and company declares Rs. 38/- dividend. Today's big volume spike shows retail traders jumped in because of positive news, sadly they got trapped. Its better to stay away from this now. Still bearish continuation is shown by strong bearish divergence in RSI. Accumulation zone is around 4600-4800 levels. Short...
Ultratech Cement long with Gap fill strategy That's it
last ek month se kisi bhi indices ne good perform nhi kiya hai. kaafi saare shares apne support ko bhi hold nhi kr paa rhe hai. for more info watch the video.