Stock is close to the support channel. there may be a bounceback to the levels of 7900. Only for learning and sharing purposes. Please comment with your views.
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...
Looking good above 7460. it may go red zone. It is an education idea.
The stock has given reversal candle in latest week. Long can be initiated once it is crossing last week high.
After a trendline break , it is currently taking support on 200 EMA (15 min time frame) . It is a good swing trade set targets according to your convenience , and place logical stop-loss . If it breaks its recent high i.e 7450 with a strong bullish candle , it can also give good intraday targets.
EXPLANATION : This is a 4 hour time frame chart of ULTRACEMCO . It has been in downtrend for days the stock on a very crucial level , If ULTRACEMCO taking support from Demand zone & broke its trendline resistance , I am seeing very good buying opportunity in ULTRACEMCO . If stock give a strong breakdown and broke its demand zone with high volumes and retest the...
ULTRACEMCO me ( inverted head and shoulders pattern ) bana hau hai short nhi jaana hai aaj buy hi dekhna hai is me
EXPLANATION: This is a 15 min time frame chart of ULTRACEMCO . The stock has been in a downtrend for days and has formed an Inverted head and shoulders pattern. If stock give a strong breakout and broke its supply zone with volumes and has retested the same. I am bullish on ULTRACEMCO . If you like this analysis give a Like // Follow for more updates , let me...
Ultra ham log ko najar aaa raha hai ki lower low banate jaa rha hai aur ek niche support bhi hai us ko brack krta hai
EXPLANATION : This is a 1 hour time frame chart of ULTRACEMCO , It has formed Inverted Cup & Handle pattern breakout & continue down trend . I am bearish on ULTRACEMCO . If you like this analysis of Stock give a Like // Follow for more updates , let me know in comments below :)
Ultratech taking good support over Tl on daily chart. Looks strong for a reversal swing trade..
Ambuja Cement: Buy at 410-420 Target 450 Stoploss 410 Uptrending Stocks. Check my profile for New Analysis of trending stocks. @akashkharade03 NSE:AMBUJACEM
this is going to good move expected because of my reasoning studies it sounds secret weapon but keep it in your mind
ultra tech cement w shape pattern may some upwards
Ultratech cement took good support with Double/Triple bottom pattern in 2 hr TF. Looks good for swing traders. SL below the support area. 4% SL.
Good shorting opportunity can arise. Keep a watch.
Ultracemo has given a cup and handles pattern today. can expect a rise in price in the coming days. Set it up in your watchlist
Ultratech Cement Analysis on Daily Timeframe