Niftymovers
Long

Ultratech Cem, Weekly AB=CD in process.

NSE:ULTRACEMCO   ULTRATECH CEMENT
NSE:ULTRACEMCO             Weekly Chart. AB=CD in process. Stock above safe buy zone. But seeing the previous wave this trade seems risky. Enter with small quantity. Stop loss below C zone (3783). Target D level = 5200+ By end of Feb 2018.
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