-Daily- rsi divergence -support zone will act as resistance zone at the daily time frame -two probablities 1) 1HR- resistance broke and will now act as support 2) 1HR- resistance broke and its turned out to be fakeout
good upmove from 5200 exited near 5800 again entered above 5950 possible 6950 Like Share Comment
Stock breaking Key Area 0f 6011-5600. Bears can dominate and push prices lower from these levels.
Hello, ultratech is providing us an opportunity for positional trade. If price crosses level of 6200 then we can go for target of 7500 with stoploss of swing low.
NSE:ULTRACEMCO As one can se that stock at harmonic support of this pattern (halfbat), if find reversal in this zone with any good reversal candle then one can go for swing trade any closing below 6006.95 on closing basis and next day if same candle's low break then that could be stop loss for this pattern. target 6800 and above on trailing basis....
Ultratech has been inching up for the last few trading sessions. RSI is above 55, showing strong momentum. MACD is above the signal line and moving up. Good signals. Although we see strong green candles, volumes have been below average. Price is trading close to an important resistance zone formed by a falling gap. if we draw a line through this gap, it touches...
31/3 educational purpose only ultratech good to buy cmp 6656.30 sl 6575 target 6700 / 6750
NSE:ULTRACEMCO 📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns. 📌 That Dash Line Is Called...
With Major thrust being anticipated in budget for infra..... cements and real estate... segments can possibly be very volatile based on the news flow... Like..... share.... follow.....
ULTRATECH CEMENT FOR SWING TRADE it took its support zone
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...
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.
Short Term Cash :it clearly seen Bouncing from strong support Buy ULTRACEMCO Current Level. SL 7244 TGT 7610
This has consolidated for quite a long time at current market price. It has taken support from its 100 days EMA. MACD is about to give positive crossover. RSI is in oversold zone. ADX will also give a confirmation soon for the upward rally.
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...
UltraTech Cement me Cup patterns bana hua hai aur ek trendline follow kar rha hai , aur horizontal line support dikh rhai
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