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.
Fundamentals of the stock are strong and healthy according to the CANSLIM strategy.
Comment:
The stock has broken out beautifully and has travelled 200+ points in 2 days
Comment:
This week has given Good results with a Rs.400+ gain.. Trade is working
Comment:
Target Hit !!