Since 200DMA crossed by company it has upside till 4140.
ULTRATECH (UltraTech Cement Ltd) BUY ABOVE 4442
UltratechCem Buy Pending 4083/- Stop loss 3887/- Target 4280/-
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...
Buy only if Neckline is broken on 15 minute closing above 4650 SL 4610 TGT 4780-4850-4900
Ultratech cement breaks below a consolidation pattern with a widespread price bar closing near the low price. Notice the break in the rising trend line which also adds to the bearish scenario. Short at CMP : 4502 Target : 4350 StopLoss : 4574
THIS IS SIMPLE CHART THE INFORMATION IN MY IDEAS IS PROVIDE FOR EDUCATIONAL OR INFORMATION PERPOSES ONLY. THIS IS NOT FINANCIAL ADVICE. ENJOY SOME PROFITS MAKE SURE TO HIT THE LIKE/SUPPORT FOR MORE THANKS A LOT WISE YOU SUCCESS
Trade Nivesh UltraTech Cement Ltd. was observed to be priced at Rs. 4650 which was an increase of 199.5 points from the day's opening price while a change of 255.35(5.81%) points was also observed from the previous trade.
Everthing mentioned on chart "Idea by Malkiat Singh" if you have any queries regarding above idea or any other stock feel free to D'M On Holi We launched TruStox Community , A community driven platform for Traders with almost all features that a trader needs. Here are some of them:- Regular Study Conferences Collective Fundamental Research Access...
Sell ULTRATECH CEMENT on rise with SL of 4190 and targets of 3819. A confirmation obtained on RSI and a convergence on MACD on the cards that will eventually lead to a downward move. One can book profits on their longs.
Short for the target of 3600 on 16th October 2018. Today's bearish engulfing pattern on the daily chart suggest that still the bears are in control to the price. But the current price is at the same zone from where the last time it has shown the upward move. The positional and swing traders can wait until we can see the price moving at least 5% above the current...
After the cycle of downward movement, the price of Ultratech cement is on the same place from where it has started the rally last time. But the today's Bearish engulfing pattern suggest that still the bears are in control and the price seems to be hovering around the same zone for some time until the bulls try to take the price up for another rally. So, positional...
ULTRACEMCO break previous structure Keep watch and wait for the retestzone the previous structure then enter the trade
Breakout done in monthly chart. Target given as per breakout condition. Stoploss not given. Choose depend upon your financial wealth. Vijayaraghavan.K Kovilpatti.
ULTRACEMCO make trend continuation short pullback here keep watch trade safely Disclaimer: The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in...
ULTRACEMCO trade setup Long above 4305 Short below 4250 Targets and Sl will be updated once trade is active