buy ACC above 1926 SL 1913 buy ultracemco above 6960 SL 6900
Buy 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.
Stock 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
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.
#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 #stockmarketindia ...
NSE: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.
The 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
Since 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.
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!!!
NSE:JKLAKSHMI #JKLAKSHMI CMP: 345.35 Target: 395 ++ {HOLD for higher UP SIDE!} SL: 327 Time Frame: ~ 1 month If you like my work, kindly LIKE SHARE & FOLLOW for latest stock recommendations.
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...
Intraday trade buy above 5055 target 5090, 5120, 5170, 5225, 5260
Entry above all time high ATH-4910 bearish below 3770 above all important moving average
Wait for breakout/breakdown
ULTRACEMCO Following the arch till now. Looking forward to have this scenario further.