ULTRATECH CEMENT LTDShort
ULTRATECH CEMENT - SELL _ TARGET - 7300
Updated
This is a perfect sell, considering how the overall market is. There is a bearish engulfing candle on the daily chart, signalling bearish reversal. Also a fake breakout and is back in the channel. RSI and MACD is also signalling weakness.
Risk to Reward is also favourable.
Best of luck :)
Risk to Reward is also favourable.
Best of luck :)
Trade closed: target reached
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