Sachin_r

Price has almost reached its resistance

Short
NSE:ULTRACEMCO   ULTRATECH CEMENT
It is only for knowledge purpose. Kindly do your analysis before taking any trade. Thanks!
Price is reaching towards supply zone which is supported by overbought RSI followed by bearish divergence.
One can enter as soon as one sees rejection from the zone.
5700 looks like a good target.
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