NSE:ULTRACEMCO THERE IS A DEVELOPING HEAD AND SHOULDERS PATTERN. consider it before making any trade in this stock. if it BREAKS DOWN THE LINE AND 50EMA.... THERE MIGHT BE SOME BEARISHNESS. JUST FOR EDUCATIONAL PURPOSE
Ultracemco formed Ascending triangle in Day candle.., A strong Buy signal. It is strong abv 3675 for Intraday as well as positional.
Buy at 3350 - 3400. It has been in range for 2 years now. And as it is approaching support, all the oscillators are at Oversold zone, good confirmations to go long .
ULTRACEMCO CMP 4642 TARGETS 4690 , 4710 , 4775, 4800 , 4900 APPROX. DURATION 8 DAYS
Details mentioned in the charts .
Expecting strong up move till 4500 in short term
Buy ULTRACEMCO at CMP 4470+ and on dips upto 4400 T1: 4850 T2: 5100 T3: 5500 SL: 4120
ULTRATECH has formed pennant pattern on daily chart.
The stock has broken a pattern range and is supposed to rise until 4411 target. The 4411 is the monthly previous high mark, which the stock is supposed to touch. The stock seems bullish.
ULTRACEMCO . When Price Break Trend Line With Good Volume, SO Possible Stock Reach 4450-4500
ACC has shown a good fall in last couple of days , i see a good recovery in all cement stocks in coming weak !
UltratechCem Buy Pending 4083/- Stop loss 3887/- Target 4280/-
charts do not provide a clear picture here , would be interesting to see how it goes in coming days
ULTRACEMCO (UltraTech Cement Ltd) BUY ABOVE 4665 ULTRACEMCO has shown a good accumulation at 4500 to 4600 levels, if it breaks 4665, then stocks will touch 4750-4800-4850 in a few days.
Lets have a look at the analysis :- 1> EW Analysis --> Considering the completion of 5 wave impulse move from low 3332.45 on 28th Jan 2019 till top at 4904.95 on 27th May 2019, we are most probably in zigzag correction. Now, currently we might me in 'y' of 'B'. 2> Classical TA --> a. formed bullish harami candlestick on daily tf. b. made 'weak' bullish...
ULTRACEMCO | Trade Nivesh Trade Plans: Buy Above 4651 with the Stop Loss of 4594.5