skbharathi

Ultratech cement-long setup

Long
NSE:ULTRACEMCO   ULTRATECH CEMENT
0
Ultratech cement-Price taking support nicely at 233 DEMA . Can it reach the previous gap zone of 3798 which is also a Fib .786 retr of sep high. Stops can be placed around 3630. Time duration 10 days
Trade active: an inverted hammer formed. Mondays trade will decide further course. Regards
Trade closed: target reached: Though the target is reached, not a convincing trade