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.
To motivate us, Please like the idea If you agree with the analysis.
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.