SHORT TERM SELL || ULTRATECH CEMENT

Mar 13, 2019

Sell ULTRATECH CEMENT on rise with SL of 4190 and targets of 3819. A confirmation obtained on RSI and a convergence on MACD on the cards that will eventually lead to a downward move. One can book profits on their longs.

Mar 14, 2019

Note

Makes a low of 3932.

Mar 15, 2019

Note

Makes a low of 3902.

Mar 20, 2019

Note

Bearish price action in today's trade. Should breach 3900 in a couple of trading days.

Mar 22, 2019

Note

As expected breached 3900. It would be a prudent idea to book some profits.