Head shoulder pattern is visible on charts and if stock break below 7220 target will be 7145 and 7060 If stock break above 7335 target will be 7380 and 7480
NSE:ULTRACEMCO Formation of triangle pattern in kotakbank, 1687 is act as strong support, it may bounce towards upside from here. if broke the level then have a more chance it will fall rapidly.
Ultracemco Looks Bullish when compared to Nifty's Performance since few weeks. Making Higher Lows, and positive divergence w.r.t Nifty Can put in your watchlist for BUY
Ultratech Monthly Anylys 9-3-203 Buy over 7825 closing for 9785 sl on prv monthly / weekly lower break
ultraech cmp 7175 sl 7040 target 7300 : 7530 price fall after result now retrace and consolidating in range. try to fall again but support strong at 7050 on closing basis therfore can break upside keep position sizing in control market highly volatile breakout has been tested very hard
What Is a Hammer Candlestick? A hammer is a price pattern in candlestick charting that occurs when a security trades significantly lower than its opening, but rallies within the period to close near the opening price. This pattern forms a hammer-shaped candlestick, in which the lower shadow is at least twice the size of the real body. The body of the...
NSE:ULTRACEMCO Formation of inverse head and shoulder pattern Current Price - 7237 Target 1 (diff from left shoulder) - 7650 - remaining upside 413 (5.7%) Target 2 (diff from right shoulder) - 7825 - remaining upside 588 (8.1%) Stop Loss (low of last candle) - 6863 - downside risk -374 (-5.1%) Disc - invested, for...
ULTRACEMCO - Confluence of shark harmonic accompanied by mother candle breakdown An immediate target of 6500 is eminent here.
ULTRATECH its advised to exit this script for longer term
when its break privious high ,you can take trade on long side ,take trade when it retest and follow up on upside . it is only for study purpose .
Ultratech cement is gives breakout in upper side it can go up to 7550
ultratec cement put=7000 sl=7300 tp 5200 longb tream entry
Hello and welcome to this analysis Stock continues to make higher highs and higher lows with rounding bottom formations each time. In the short term it looks set for a flag breakout. Upside possibility till 7500 and 7900 as long as 7050 is not broken. Good risk reward set up as it build momentum Happy Investing
This stock of weekly chart formed by a head and shoulder pattern and Breakout .
Hi Friends, As shown in the chart the stock made an triangle pattern. The pattern break their upper resistance level and returning for support at same level. An entry possible with Stoploss of near 6800 and profit target till 8605 (Maximum Width of the triangle pattern). The Reward/Risk also ratio greater than 3 which is good sign of the entry. A cross...
Ultra tech reedy for take a support at 6997.40 once it take a support then it fastly reach the targets so let we watch what happend coming days
Good break out into a new price range..should shoot up...
THE ULTRACEMCO is forming inverted head and shoulders pattern in higher time frame. The price breaks above its important resistance level as well as its trend line. Showing potential longing opportunity in upcoming trading sessions on the retest of neck line.