ULTRACEMCO has showed good strength on weekly chart by taking support at the channel median as well as 13 weekly average.
Positional traders can buy at CMP
T1: 4750
T2: 5000
SL: 4150
Positional traders can buy at CMP
T1: 4750
T2: 5000
SL: 4150
Trade closed: stop reached
There was a spike yesterday due to election results where we got stopped but market bounced back in no time!Trade active
Same setup still holds good
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.
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.