ankitfarhan

Trend change in Ultratech cement

Long
NSE:ULTRACEMCO   ULTRATECH CEMENT
Since it has formed a double bottom, I think it is a perfect candidate for a breakout on Monday. It will be confirmed once it moves above 4050 on Monday. I will enter keeping 3980 as my stop-loss. 1st target will be 4075 and 2nd will be 4100.
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