Ultratech Cement - Monday Trade | 05th Apr
Updated
Stock has formed Cup and Handle on higher TFs
Buy for long if resistance zone is broken, since the market is volatile, don't wait for bigger targets.
Can also consider for swing if 30 minute candle closes above 6960
P.S. Stock will become bearish if it breaks lower Trendline
Buy for long if resistance zone is broken, since the market is volatile, don't wait for bigger targets.
Can also consider for swing if 30 minute candle closes above 6960
P.S. Stock will become bearish if it breaks lower Trendline
Trade active
30 min candle never closed above our level.Can consider for coming sessions as stock hasnt broken the TL yet
Trade closed: stop reached
Stock broke TL...set up not viable anymore
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