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...
🔴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...
