jackther1pper

ULTRACEMCO

Long
jackther1pper Updated   
NSE:ULTRACEMCO   ULTRATECH CEMENT
Weekly Chart shows clear breakout in the long term resistance. Traders can use dips to go long. 3800 will be an ideal price to enter, with 4050 and 4200 as targets, keeping an SL of 3599.
Trade active:
The accuracy of this trendline is just uncanny. The levels followed here are downright amazing. I still believe my targets to be achieved in the near term.
Trade closed: target reached:
Yay! Target done!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.