EXPLANATION : This is a 4 hour time frame chart of ULTRACEMCO . It has been in downtrend for days the stock on a very crucial level , If ULTRACEMCO taking support from Demand zone & broke its trendline resistance , I am seeing very good buying opportunity in ULTRACEMCO . If stock give a strong breakdown and broke its demand zone with high volumes and retest the...
Keep this stock in your watch list . ultratech stock is in strong uptrend & trading near the 50 EMA level. Since past 3 days minor pull back has been seen . Now long entry can be taken once the stock BO the 50 EMA level . This is very good stock for both investment & trading. This is for your educational purpose only.
UltraTech Cement me Cup patterns bana hua hai aur ek trendline follow kar rha hai , aur horizontal line support dikh rhai
EXPLANATION: This is a 15 min time frame chart of ULTRACEMCO . The stock has been in a downtrend for days and has formed an Inverted head and shoulders pattern. If stock give a strong breakout and broke its supply zone with volumes and has retested the same. I am bullish on ULTRACEMCO . If you like this analysis give a Like // Follow for more updates , let me...
Bullish flag pattern in Ultratech Cement Limited. wait for the breakout
EXPLANATION : This is a 1 hour time frame chart of ULTRACEMCO , It has formed Inverted Cup & Handle pattern breakout & continue down trend . I am bearish on ULTRACEMCO . If you like this analysis of Stock give a Like // Follow for more updates , let me know in comments below :)
ultratech cement forming daily candle in my previous analysis and now bearish movement start now create bearish traingle here
Ultratech cement took good support with Double/Triple bottom pattern in 2 hr TF. Looks good for swing traders. SL below the support area. 4% SL.
Good shorting opportunity can arise. Keep a watch.
Note: Only take a trade using any price action patterns on closing basis, use 15 mins chat and please don't trade in options with my levels.
Ultratech Cement Analysis on Daily Timeframe
Buy Ultratech Cement Stoploss 6500 Target 7450 Study: Cup & Handle Pattern
🔴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...
Possible uptrend in UltraTech Cement. Should goto 7500 levels easily and then fly :) PS: For educational purposes only. ***** Kindly consider following me for more analysis *****
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 .
Ultratech Cement is forming ascending triangle pattern. Long entry above 7000 for swing / Intra players.
At trendline support..!! CMP: 6709 SL: 6645 Deep SL: 6510 Target: 7200++
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