Ultratech Cement Analysis on Daily Timeframe
🔴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...
Buy 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 PLEASE DO LIKE , COMMENT OUR POSTS .
The 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