Trend change in Ultratech cement Long

ULTRATECH CEMENTNSE

Description

⋅ Aug 8, 2020 6:28 PM

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.

Chart Patterns