Ultratech
Ultratech Cement - Good breakout🔴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 its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Possible uptrend in UltraTech CementPossible uptrend in UltraTech Cement.
Should goto 7500 levels easily and then fly :)
PS: For educational purposes only.
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ULTRATECH CEMENT ( ULTRA CEMCO ) for LONGBuy Above 7004.00
SL @ 6800
Targets :- 7199 , 7399 , 7599 , 7799 , 7980
Good Stock
Avoid entries , if there is a Huge Gap Up / Gap Down
Take Entries as per Price Action
** Only for Educational Purposes
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ULTRATECH CEMENT AT IMPORTANT LEVELThe stock is at an important zone, it has taken support from the yellow line multiple times and if it is taken out we may see marked levels.
In case stock takes support again from this zone then upper marked levels on the chart would be tested.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
ULTRATECH CEMENT - the engineer's choice 🏗️👷Looks good for a quick option.
Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
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Ultratech Cement is on its Important Support.If Ultratech Cement give Breakdown of 6000/- Support,we can see the Levels of 5600/- Easily.
OR
If it Bounce Back from 6000/- Support, we can see the Levels of 6500/- Easily.
SL your Risk.
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
📊 #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
Buy Ramco CementTrade Setup: As per Chart
NSE:RAMCOCEM
Imp:
1. Trading requires more than technical analysis . e.g. Risk Management, trade management, psychology etc.
2. Always follow stop loss.
3. Once a trade is in your direction (say) 3%, never let it go in a loss.
4. Simply follow rules. Nothing else..
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!!!
ULTRATECH CEM LOOK OUT FOR THESE LEVELS!!! ALL THE LEVELS AND PATTERNS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE.
GAVE A BREAK OUT FROM TRIANGLE AND RE TESTED THE SAME TRENDLINE TO BOUNCE BACK. BUY AT 4870; 4980 IS A HUGE RESISTANCE LEVEL AND PRICE HAS TRIED TO BREAK IT TWICE ALREADY.
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!!!
Can Ultratech cement finally break the hurdle?NSE:ULTRACEMCO
I feel it cannot. It is already in overbought zone. This could be a brilliant shorting opportunity.
AB=CD harmonic on UltratechBullish AB=CD on ULTRATECH. Look for reversal at 3870-3880 for a move back to 4000
Ultratech Cement Swing BuyUltratech was trading in a falling channel which got supported on its demand zone (3960-3950), bounced from this level and yesterday it broke that channel. Seems good buy considering rally in reality sector.
