jitendramn47

Pole and Flag in ULTRACEMCO

Long
NSE:ULTRACEMCO   ULTRATECH CEMENT
ULTRACEMCO has made a beautiful Pole and Flag Pattern on a Daily chart. In addition, it has bounced off perfectly from Fib. 50% levels with good volumes.
Good swing candidate for a target of above 8000 with a nice risk to reward ratio. May enter after the break of Flag
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