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karthikommi
Oct 9, 2022 2:33 PM

Short Ultratech Short

NSE:ULTRACEMCO1D
ULTRATECH CEMENTNSE

Description

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As per daily charts,

the stock is in strong downtrend as indicated by ADX. RSI broke its previous low and entered bearish zone. 20 SMA crossed 200 SMA `from above indicating further weakness . Target is 6130.
Chart PatternsTechnical Indicators
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