Stock retraced and consolidated from fibb 0.614 Expecting wave 3 to cross 13k mark Strong support at 11500 Getting ready for some big moves
NSE:ULTRACEMCO ULTRATECH CEMENT GIVES BRAKEOUT ON DAILY CHART I am buying this stock Near 11200 Follow Sl 10300 And my Target is 12900+ Risk reward ratio is 1:2 Return 15%
Hello Traders. As we can se That Ulrtatech cement & the overall sector is Strongly bullish & the retracement of the best from the highs are done & we have seen a Good pulback. Swing trade can be planned out on these best levels & RISK REWARD is also very favorable. Just keep an eye on it or create a Trading alert on Todays highs . Once it has been Crosses...
Ultratech cement looks weak at higher levels and we expect to see profit booking towards 10000 - 9770 levels. Sell between 10900 - 10800 and hold for targets until 11300 is intact on the upside. Sell - Between 10900 & 10800 Target - 10000 to 9770 SL 11300 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
Hello Traders. The Beast ULTRATECH comes into the action This week. The Volume as very active & Break the previous few weeks resistance of 10500 & give a Strong Closing. The BEAST is set to Give some serious returns best for swing trading & time is now for option buying. Volatility expansion Confirmed by Bollinger Bands & the Band walk has been Started....
Ultratech Cement is in The strong momentum on Daily Chart as RSI indicates > 70 levels. A HANGING MAN candle formed during the momentum in Red colour. As stock opens today with 100+ points GAP UP it was just a Retesting the Gap & creating a Support zone. Overall stock closes in Positive note. Probabilty indicates the Momentum could pause for some day &...
Ultratech Cement is in The strong momentum on Daily Chart as RSI indicates > 70 levels. A HANGING MAN candle formed during the momentum in Red colour. As stock opens today with 100+ points GAP UP it was just a Retesting the Gap & creating a Support zone. Overall stock closes in Positive note. Probabilty indicates the Momentum could pause for some day &...
Ultratech Has just Broked out yesterday resistance of 11100 & You can go long with thr option buying. Because buying needs speeds & currently RSI in super bull zone > 70 levels. SIMPLE TRADING HAPPY TRADING
Ultratech is in a super bullish zone right now. Indicates a strong continuation of Trend on going. 1hr time frame RSI holding super bullish zone 70. Volatility has been contracted & stock Trading at narrow range gives Extra confirmation. When it breaks 11100 levels could buy a call in ultratech, this stock is at Perfect zone / level where R:R is favorable....
Hello Guys. When ever the New Trend emerges. Those who are late comers / Confirmed comers like me into the trends will look for. 1. Stock is Creating a zone & waiting in the box. 2. Doji is very interesting candle. If it formed between the move has started , this indicates a Trend pause & will continue once the high of the doji is Breached. 3. RSI signal &...
I have a Very Bullish view on Ultratech cement As it has been recently breakout 10500 levels. Which was a of weekly time frame resistance. It can provide you very Big swings opportunity. Planning to buy Ultratech Cemco 11000 CE once the stock breaks above the 2 day resistance. AS this range getting Narrow.. WAIT FOR THE BREAKOUT CONFIRMATION. Do not fomo....
Ultratech Cement Today just given a Breakout of ATH 1550 levels. Great stock for Momentum option Buy. Wait for the pullback to complete & 10 ema support. Positions to be Created on successfull pullbacks. Pullback could occur near 60 RSI levels. MONTHLY RSI > 60 WEEKLY RSI > 60 DAILY RSI > 60 KEEP this volatile stock in your Watchlist to get the Swing...
ULTRATECH Cement is following a trend line from few months. A strong resistance of 10500 crossed could plan for a buy in Daily Timeframe. Weekly RSI showing the Hidden bullish divergence. The move is going to start. Monthly RSI > 60. Weekly RSI Crossed above > 60. Wait for DAILY RSI to close above > 60. As the DAILY TIMEFRAME in action could look for a...
Strong Breakout on Monthly Chart. Stock moving towards higher levels. Accumulation at Previous High and Now Breakout .
This includes multi timeframe analysis but I'm posting 2H TF chart for the sake of Candlesticks visibility. Can give a decent momentum if it consolidates near trendline reason for saying this is the stock has been rallying from 25th may so it needs consolidation. Please do support me if you like my analysis, and check out my previous ideas as well.
Theory: DIAGONAL: Diagonal are the motive waves like an impulse wave, but diagonals are different from impulse wave in that they do follow the first two Sutras (rules of impulse wave) for wave analysis, but it does not follow the third one i.e. Wave 4 should not intervene the territory of the wave 1. In a diagonal wave 4 always enters into the price territory of...
Ultratech Cement after breakout its Ascending Chart Pattern trying to sustain above Levels but not get Sustained and get major or Agressive SellOff If ULTRATECH cannot hold 6850 Support we can see further down move untile next support which is 6100 approx KEEP AN EYE ON IT….!!!!!
Ultratech Cement ( NSE:ULTRACEMCO ): Inverted H&S in weekly chart Trade Plan: Cash : BUY at CMP. Add more at 6900 Place SL at 6615. Revise the SL at 7350 when share touches 7650. Further, if share breaks out 7800, tighten the SL to 7600. Book long at 8000. Option : 1. Naked Call Buy : Ultratech 7300 Jan-25 call option at 100, with SL:65, T: 150. Lot:...