Go Long. Looks like uptrend has arrived Keep stop loss around 6400
Looking good for buying once the trend line breaks or wait for the reversal at bottom trend line. Also make sure to follow the index trend and take position accordingly. Please follow me if you like my analysis. More ideas publishing soon…
: entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter
EXPLANATION : This is a Daily time frame chart of ULTRACEMCO . The stock has been in a downtrend for days and has formed kind of a head and shoulder pattern . If give a strong breakdown and broke its demand zone with volumes and has retested the same. I am bearish on this stock for the coming days . If taken support from demand zone we buy at the bottom and sell...
🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have...
ITS TIME FOR ULTRATECH CEMENT TO DIE THIS STOCK HAS HUGE REJECTIONS FROM UPWARD AREAS + BIG PLAYERS/INSTITUTIONAL BUYERS ARE NOT HAPPY FROM THIS STOCK ITS CLEARLY AVAILABLE FOR JUST WATCHING MY ANALYSED CHART YOU CAN HAVE A LOOK AND TODAYS CANDLE ALSO CONFIRMED THE BEAR RALLY DONT GET TRAPPED IN THIS STOCK GUY . . . HAPPY TRADING & HAPPY INVESTING
TREND ANALYSIS & TRADE SETUP Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX. Wait for entry setup, if available then Long/short. R:R is 4-6 times.