Above 6800, it looks very good for targets as shown in chart.
ULTRATECH CEMENT looks like a clear channel breakout. If the price sustains above 6534, it will reach certain targets.
keep watch on weekly close there is big target for you
ultraTechCement have strong fundamentals. It'll go 6300+ nearby sessions.. Thank you..
NSE:ULTRACEMCO As one can se that stock at harmonic support of this pattern (halfbat), if find reversal in this zone with any good reversal candle then one can go for swing trade any closing below 6006.95 on closing basis and next day if same candle's low break then that could be stop loss for this pattern. target 6800 and above on trailing basis....
Ultratech has been inching up for the last few trading sessions. RSI is above 55, showing strong momentum. MACD is above the signal line and moving up. Good signals. Although we see strong green candles, volumes have been below average. Price is trading close to an important resistance zone formed by a falling gap. if we draw a line through this gap, it touches...
31/3 educational purpose only ultratech good to buy cmp 6656.30 sl 6575 target 6700 / 6750
As we see BEAR FLAG formation in the ULTRATECH CEMENT . We can enter either side after it breaks.
NSE:ULTRACEMCO 📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns. 📌 That Dash Line Is Called...
Fundamentally a very strong stock. Has been on a down trend for a very long time with RSI in oversold zone. Wait for an reversal candlestick pattern at the mentioned level for long term investment.
Ultratech Cement can take support near 6250-6300 and start it's upward journey towards 7000+
Good opuurtunity for long term investers and also for short term investers too. This Ultratech script is in good form and strongly have my conviction that it may reverse from around this level or around 6200 range and my stoploss for short term trade would be around 6170 level.Long term investers just accumulate this legend for good ROI.
Ultracemco looking bullish, kindly check levels marked on charts.
AFTER A CONSOLIDATION BUY Ultra tech with a target of 7505 and 7721. the stock has very small stoploss of 7000.
Buy ultratech cement at cmp(7483), targets are: 7600 and 7800. Hold it for 4-6 weeks.
ULTRATECH CEMENT can go long above 7700 hourly close but sl is big so risk:reward is not in favour keep sl of ur choice for target of ATH Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial adviser before taking any trade.
ULTRATECH CEMENT FOR SWING TRADE it took its support zone
EXPLANATION : This is a Daily time frame chart of ULTRACEMCO . The stock has been in a downtrend for days and has formed kind of a head and shoulder pattern . If give a strong breakdown and broke its demand zone with volumes and has retested the same. I am bearish on this stock for the coming days . If taken support from demand zone we buy at the bottom and sell...