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....
Hello Traders, As i have said earlier after this candle formation a possibly pause of Momentum could happen. Let It accumulate in zone & when its out of the box then go for long. THANK YOU
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 &...
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...
Let’s analyze the chart pattern for UltraTech Cement. The chart indicates that UltraTech Cement is currently forming a falling wedge pattern or a falling channel pattern. These patterns are considered bullish and suggest potential upward movement in the stock price. Here’s what each of these patterns signifies: Falling Wedge Pattern: A falling wedge is...
Ultratech spot at 10500 Weekly time frame Ascending parallel channel formation Equivalent harmonic ABCD pattern formation. counter can face resistance around current levels and going ahead. if not able to sustain higher counter will give a sharp reversal of 1500-2000-2500 points ,, keep watch. This assumption is made as per parallel channel and harmonic pattern,...
Strong Breakout on Monthly Chart. Stock moving towards higher levels. Accumulation at Previous High and Now Breakout .
Go Long. Looks like uptrend has arrived Keep stop loss around 6400
Above 8500 this stock is ready for new lifetime high and its five digit figure .stock is sideway in between 500 pts in daily candle after and breakout of 8500 this stock is no stop
Looking good for buying once the trend line breaks or wait for the reversal at bottom trend line. Also make sure to follow the index trend and take position accordingly. Please follow me if you like my analysis. More ideas publishing soon…