NSE:ULTRACEMCO
Ultratech has taken support multiple times , and I think it will be very good buy on 4015 level for another 240 INR profit around 6-7 % in next few days .
Analysis - Stock is in uptrend , took support multiple times on trendline and reversed from the support zone .
stock has good pullback .
Horizontal support and trendline created buy signal .
I will look for the buy opportunity if stock breaches 12 August high 4015
Whenever Mutilple demand zone meets and stock price take support from there I look for buying opportunity and it generates
buy signal for me - please have a look in chart
Its my first stock analysis please share your thoughts .
Thanks
Shan Mehndi
Ultratech has taken support multiple times , and I think it will be very good buy on 4015 level for another 240 INR profit around 6-7 % in next few days .
Analysis - Stock is in uptrend , took support multiple times on trendline and reversed from the support zone .
stock has good pullback .
Horizontal support and trendline created buy signal .
I will look for the buy opportunity if stock breaches 12 August high 4015
Whenever Mutilple demand zone meets and stock price take support from there I look for buying opportunity and it generates
buy signal for me - please have a look in chart
Its my first stock analysis please share your thoughts .
Thanks
Shan Mehndi
Trade closed: target reached
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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.
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.