ULTRACEMCO
#RAMCOIND 13% $return #RAMCOCEM #ULTRACEMCO #ACC #SHREECEM #STAR#RAMCOIND
NSE:RAMCOIND
CMP: 282.50
Target: 320
Stop Loss: 254
Time Frame: Approximately 2 months.
Factors:
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Higher Highs & Higher Lows.
Breakout above RESISTANCE levels
Trading at SUPPORT levels
Fundamental are strong.
Earnings report & quality strong
EPS Positive
Risk Return Ratio is healthy.
And
Rising from the Bottom to V Shaped Pattern to Flag Pattern forming
The stock might cross its all time high.
Compare with peers
NSE: ULTRACEMCO
NSE: RAMCOCEM
NSE: ACC
NSE: SHREECEM
NSE: INDIACEM
NSE: JKCEMENT
NSE: JKLAKSHMI
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With 💚 from Rachit Sethia
ULTRATECH CEMENTULTRATECH CEMENT is trading at an all-time high and failure to break 6973 Strong RESISTANCE level 3 times and is an indication of the strong BEARISH trend in upcoming days.
Fundamentally strong stock to hold for the long term, but as per the P/E ratio it's a bit expensive (below 24) is a discount price.
SO TECHNICALLY AND FUNDAMENTALLY STRONG BEARISH TREND,
6973 RESISTANCE
6643 SUPPORT 1
6553 SUPPORT 2
[Positional]Ultracemco Long.....Above 6950 (IF BO Happened Without Retest)
Weak Below 6000
or on retest
Add near 6600-6400
Target 7500-8000-10000
[positional] Ultracemco Long.....[other up trending stocks]UP trending stock under consolidation
buy above 6960
target of 7523-7920
SL below 6000
good volume in uptrend
and currently under consolidation phase with decreasing volumes
Other stocks are
1.sail
2.tatasteel
3.tataconsumer
4.tatachem
5.upl
6.Dr. Lalpathlab
Ultratech Cement - Monday Trade | 05th AprStock has formed Cup and Handle on higher TFs
Buy for long if resistance zone is broken, since the market is volatile, don't wait for bigger targets.
Can also consider for swing if 30 minute candle closes above 6960
P.S. Stock will become bearish if it breaks lower Trendline
Intraday Trade: watch for resistance breakoutbuy ACC above 1926 SL 1913
buy ultracemco above 6960 SL 6900
BuyBuy for 7400 with sl below 6650.
Parallel channel is clearly visible. Warning line is now the target as it has taken support from upper median line (UML). RS is strong. RSI is indicative of bullish but contracted range.
Selling PE of 6800 and buying PE of 6500 can be à good strategy as coutner is expected to spend much of the time in parallel channel.
Ultratech Cement - Tuesday Trade| 23rd MarchStock has broken resistance trendline. If sustains above trendline and opens flat then minimum target is 6785. If 6785 (Monday high) is broken and sustained then target levels of 6825/6850 tomorrow only
ULTRATECH CEMENT "Channel Pattern" Bullish view
Reasons:-
1.Dynamic support
2.Price support
3.Channel Pattern
4.Volumes indication of weak down trend
5.Fibo levels @ 0.5%
If not an direct upmove we might see some consolidation and then the stock may shoot in upwards direction.
The EMA and the support are very crucial levels lets see if they could sustain.
Stair Steps Pattern | ULTRACEMCO 🎯The stair steps pattern overview
The stair steps pattern forms along with the trend .It shows an uptrend where the price rises and falls abruptly. The graph reminds the stairs, thus a name of the pattern
In the uptrend, you may notice long consecutive bullish candles. Then, the price adjustment takes place and the cycle starts all over again. The price correction areas create new levels of resistance which soon will be broken again so the uptrend continues.
Best of luck!
ultratechcemco good trade possibility#ultratechcement showing weak signs
with nifty breaking its trendline today, market may be bearish for the next week
also, RSI is near 40.
if ultratechcement breaks trendline, you can easily short it for good profits
if it takes support at the support zone, then go for a long position.
market is supreme and we should always respect the trend
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📊 #Ultratech cement #ultracemco 🎯 #nifty #bankniftyNSE:ULTRACEMCO
Short only if find reversal. Reversal Zone already Mentioned on chart.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
Ultratech Cement | Weak Below 5280The stock looks good to short below 5280 for the targets of 5080 and 4820 until 5525 is intact on the upside.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
ULTRACEMCO - KEY BREAKOUT LEVELS FOR 14 JAN 2021Since I have received many queries, traders interested in Intraday Equity Cash & Futures calls/strategies, you can direct message me for further details. Minimum 1:2 risk/reward ratio.
Ultra Cement: Chart set up and strategy UltraCem
The stock has given a breakout on charts and potential target for the set up can be 5600 / 6100 in weeks to come
Given the set up,
alternatively one may consider the following strategy
Sell Ultracem
31 Dec expiry
4800 Put option
in the range of 50-60
Lot size 200
Max profit potential Rs 10000/- to 12000/-
Take care & safe trading!!!
#JKLAKSHMI #AMBUJACEM #SHREECEM #INDIACEM #ULTRACEMCO #RAMCOCEMNSE:JKLAKSHMI
#JKLAKSHMI
CMP: 345.35
Target: 395 ++ {HOLD for higher UP SIDE!}
SL: 327
Time Frame: ~ 1 month
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ULTRATECH CEM BREAK OUT OR BREAK DOWN!! ALL THE LEVELS AND PATTERNS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE.
The indicator used:
1) Daily Lines plots Daily 20 (BLACK) & 50 EMA (GREY) on lower time frame charts
2) TE-REKAB
- PB: PULLBACK
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
Bounced from strong support watch for resistance breakoutIntraday trade buy above 5055 target 5090, 5120,
5170, 5225, 5260
ULTRACEMCO LONGEntry above all time high
ATH-4910
bearish below 3770
above all important moving average
