UltraTech Cement: Explosive Post-Market Results Set Stage for a Breakout
UltraTech Cement (ULTRACEMCO) concluded today’s session at ₹12,010.00, largely holding steady as investors awaited the Q4 results. After the closing bell, the cement behemoth delivered a "blockbuster" report card, crossing historic milestones that fundamentally reset the stock's valuation floor.
Post the results, its ready for an explosive move towards ATH ₹13,110.00.
Technical Analysis & Chart Parameters
The chart reflects UltraTech is in the recovery phase, as it attempts to reclaim lost ground after a sharp correction post-US-Iran war in March 2026.
Key Price Levels
Critical Indicators
Happy Trading.
Disclaimer: This article is for informational and educational purposes only and does not constitute financial advice. Technical analysis is based on historical data and does not guarantee future results. I am not a SEBI-registered financial advisor. Investors should conduct their own research or consult a SEBI-registered financial advisor before making investment decisions. Investments are subject to market risks; read all related documents carefully.
Trading and investing in the stock market involve risk, including the potential loss of principal. Past performance is not indicative of future results. The accuracy, completeness, and timeliness of the information provided cannot be guaranteed. I do not accept any liability for any loss or damage arising from the use of this information.
UltraTech Cement (ULTRACEMCO) concluded today’s session at ₹12,010.00, largely holding steady as investors awaited the Q4 results. After the closing bell, the cement behemoth delivered a "blockbuster" report card, crossing historic milestones that fundamentally reset the stock's valuation floor.
Post the results, its ready for an explosive move towards ATH ₹13,110.00.
Technical Analysis & Chart Parameters
The chart reflects UltraTech is in the recovery phase, as it attempts to reclaim lost ground after a sharp correction post-US-Iran war in March 2026.
Key Price Levels
- Current Market Price (CMP): ₹12,010.00
- All-Time High (ATH):₹13,110.00 (reached earlier in 2026).
- 52-Week Low: ₹10,325.00 (touched during the March 2026 correction).
Critical Indicators
- Moving Averages: The stock is currently trading above its key short-term and long-term moving averages (5-day, 9-day, 20-day, 50-day, and 200-day), which is a short-term bullish signal.
5-Day SMA: ₹12,081.40
9-Day SMA: ₹11,980.11
20-Day SMA: ₹11,509.30
50-Day SMA: ₹11,853.40
200-Day SMA: ₹12,102.33 (This is the critical "trend-setter" level the stock needs to clear tomorrow), against today's close ₹12,010.00
- Relative Strength Index (RSI): RSI is hovering around the ~60 range, indicating neutral-to-bullish momentum without being overbought.
- MACD: Currently at 156.61, standing above both its signal line and the center line—a confirmed bullish crossover.
- Fibonacci Retracement: The stock is currently testing 0.618 Fib level (~₹12,046). A sustained close above this level is necessary to target the previous swing highs.
- Support & Resistance:
Resistance: Heavy resistance is seen at ₹12,229 - 12,246 (immediate) followed by ₹12,460 - 12,600 (medium) zone.
Support: Strong immediate support lies at ₹11,711 (0.5 Fib level) and major psychological support at ₹11,400.
Happy Trading.
Disclaimer: This article is for informational and educational purposes only and does not constitute financial advice. Technical analysis is based on historical data and does not guarantee future results. I am not a SEBI-registered financial advisor. Investors should conduct their own research or consult a SEBI-registered financial advisor before making investment decisions. Investments are subject to market risks; read all related documents carefully.
Trading and investing in the stock market involve risk, including the potential loss of principal. Past performance is not indicative of future results. The accuracy, completeness, and timeliness of the information provided cannot be guaranteed. I do not accept any liability for any loss or damage arising from the use of this information.
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.