ULTRACEMCO has formed Cup with handle pattern has given closing around neck line. If trades above 3573, can be good for long.
I am sharing these charts to explain price action concepts as well as possible trade opportunities on Monday and I am fully aware about Global sentiments being highly negative today (i.e. Friday 1-Mat 2020).
If things change by Friday and market is supporting stock trend, then good move is possible. Either ways, keep on watch and wait for level.
Reach out for more details.
I am sharing these charts to explain price action concepts as well as possible trade opportunities on Monday and I am fully aware about Global sentiments being highly negative today (i.e. Friday 1-Mat 2020).
If things change by Friday and market is supporting stock trend, then good move is possible. Either ways, keep on watch and wait for level.
Reach out for more details.
Trade closed manually
Didn't trigger
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
Disclaimer
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.
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
Disclaimer
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.