NeeteshJain
Short

ULTRATECH CEMENT - BREAKS SUPPORT AGAIN

BSE:ULTRACEMCO   ULTRATECH CEMENT LTD.
It is been observed on Daily chart that the price action breaks below another support levels indicating high pressure of selling and Sellers control over price action. It shall further move down

Target 1: 3040

Target 2: 3000

Stoploss: 3125
Trade active
Trade active
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Entered today ..sold Ultratech DEC FUT @ 3075..but from that moment it is going up....finger crossed.

Thanks
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sumit_cruiser UmeshMishra
@UmeshMishra, you might hit the stop loss
+1 Reply
NeeteshJain TOP sumit_cruiser
@sumit_cruiser, Yes, It did hit stoploss and the trend will not change until it breaks and closes above 3200 levels in order to make Higher High. Regards
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What are your views today? Don't you think that now it should go up??
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