ParimalDevnath

UltraTechCement

Education
NSE:ULTRACEMCO   ULTRATECH CEMENT
Double Bottom support. We can start counting the EWaves from this zone. Price has shot up to previous high in Impulsive 3rd wave and then made some correction/ consolidation towards 200 DMA making 4th wave. And now again price is showing signs of next wave of 5th. If top of 3rd wave is surpassed and held, 5th wave will be completed. Target can be 4200+. SL is 200 DMA. So the risk-reward ratio comes at 1:2.

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current wave count on Ultratech
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