Description
⋅ 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
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