Short

Bearish breakout in UltraTech Cements

Ultratech cement breaks below a consolidation pattern with a widespread price bar closing near the low price. Notice the break in the rising trend line which also adds to the bearish scenario.

Short at CMP : 4502
Target : 4350
StopLoss : 4574

vikasnitt

Also on:

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.