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vikasnitt
Jun 17, 2019 3:12 AM

Bearish breakout in UltraTech Cements Short

NSE:ULTRACEMCO1D
ULTRATECH CEMENTNSE

Description

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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
Trend AnalysisChart Patternsultratechnsestocks
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