k314

ULTRACEMCO buy setup

Long
k314 Updated   
NSE:ULTRACEMCO   ULTRATECH CEMENT
Buy ULTRACEMCO above 3996

T1: 4070
T2: 4140

SL: 3934
Order cancelled:
Long trade NOT triggered. Channel bottom broken hence CANCELLING the long trade order.
Comment:
One can short Ultratech Cement between 3930-3940

T1: 3850

SL: 3996
Trade active:
Short trade active
Trade closed: target reached:
Short trade T1: 3850 achieved
Booked 85 pts profit risking 62 pts. Bad risk reward however.
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