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.
Best levels to buy at current levels....for target 8250+ till December with SL 6600
RSI - 68.93 which is good 1st Target - 7918 2nd Target - 8037 & New Highs :) Suggestions: Safe traders to Exit once it reach the 1st Target 7918 - as it would reach 70 RSI which would be over bought Zone - and would see a slight down trend & has good support at the given levels Risk Takers: Can wait for higher levels :)
Ultratech cement trend reversal. Stock is expected to go on positive direction. Target is 8000+.
Ultratech cement has given a breakout from its ascending triangle formation on 12th July 21. Although the volume isnt good enough, one can enter while the previous resistance is tested. 1:3 reward can be the target as it is an all time high breakout. stop loss under the break out candle (6840). Target 7890. Sharing this for educational purpose only
What You See Is What You Get NSE:ULTRACEMCO
It might break out above weekly inside bar plus triangle on daily timeframe
ULTRATECH CEMENT BUY ONLY ABOVE 6600 WITH TRAILING STOPLOSS 6250... PRICEWISE CORRECTION IS COMPLTED BUT TIMEWISE IS REMAINING...BUT GOOD TO BUY AT CURRENT LEVELS FOR 3-6 MONTHS
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
REASONS - 1) TRADING NEAR THE ALL-TIME HIGH. 2) HIGHER TIMEFRAME TREND IS UP. 3) WE FOLLOW THE TREND. 4) PULLBACK/DIP TO REJECTION HAPPENED RECENTLY ON A STRONG KEY LEVEL. 5) ALSO TOOK SUPPORT FROM ICHIMOKU CLOUD ON H4 TIMEFRAME. TRAIL TO COST WHEN R:R - 1:1 KINDLY TRADE AT YOUR OWN RISK. GOOD LUCK ^^
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
price flipped the resistance and now trading above . we need good bounce from this zone when market open , if we bounce from here ready to buy below 4050 will enter at retest only
price can touch the lower support if this support hold and sustain than we can see a good uptrend in this stock if support not hold than we can go down from here
It seems to be forming a bearish bat now that the resistance at 3666 has been broken. - I'm long from here until the red box. Where i will go short till 38.2% retrace.
Chart explains it all. -Ascending triangle with a desceding channel within, pointing to a short term target of 3650 before a retrace. - Will Update when required. -Kautilya.K