Ultratechcement
ULTRATECH CEMENTULTRATECH 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.
Swing SetupEXPLANATION : 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 at the top , I am bullish on this stock for the coming days . Enter as per your setup and sit tight to achieve the maximum target.
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Trendline breakout , go long after a retest . (Swing Trade) After a trendline break , it is currently taking support on 200 EMA (15 min time frame) . It is a good swing trade set targets according to your convenience , and place logical stop-loss . If it breaks its recent high i.e 7450 with a strong bullish candle , it can also give good intraday targets.
Swing SetupEXPLANATION : 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 same , I am bearish on ULTRACEMCO . Trade with confirmations .
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ultratech cement to add in watchlistKeep 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.
Levels for - 04 Oct 2021EXPLANATION: 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 .
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Levels for - 27 Sep 2021EXPLANATION : 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 .
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Ultratech Cement - Good breakout🔴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 its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade






















