ULTRATECH CEMENT LTD
Short

Ultratech Cement- At Crucial FIB LEVEL with RSI Divergence!!

178
Ultratech Cement Ltd.

The stock formed bearish divergence with RSI and MACD.

If price trades below 3831 level, the price can test DEMAND ZONE 3700-3680. Nearby resistance is swing high 3936 on the hourly chart.

Also, in the daily chart, the stock is facing resistance from 1.618 FIB level.

KEEP AN EYE !! #B-

#tradingedge_academy #SMTA_Institute

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.