Short

SELL ULTRATECH CEMENT BELOW 11200 | 1200 POINTS FALL?

Ultratech cement forming a M pattern which is a bearish one and neck line is around 11220. Sell Ultratech if around 11200 and add shorts if we see bounce towards 11600. We expect to see 10300 - 1000 range in coming months until 12100 is intact.

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