ULTRACEMCO DAILY CHART PATTERN

Jul 16, 2022

ULTRACEMCO is forming a beautiful cup with handle pattern at its bottom, the handle is giving a shakedown and a long entry possibility if the high of the handle is taken out with high volume. Giving a target of 6776 (13%) which is the next area of confluence where the stock may haunt or make a pullback.

Fundamentals of the stock are strong and healthy according to the CANSLIM strategy.

Jul 20, 2022

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The stock has broken out beautifully and has travelled 200+ points in 2 days

Jul 23, 2022

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This week has given Good results with a Rs.400+ gain.. Trade is working

Aug 5, 2022

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Target Hit !!