Ultratechcement
📊 #Ultratech cement #ultracemco 🎯 #nifty #bankniftyNSE:ULTRACEMCO
Short only if find reversal. Reversal Zone already Mentioned on chart.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
Ultratech Cement | Weak Below 5280The stock looks good to short below 5280 for the targets of 5080 and 4820 until 5525 is intact on the upside.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
ULTRATECH CEM BREAK OUT OR BREAK DOWN!! ALL THE LEVELS AND PATTERNS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE.
The indicator used:
1) Daily Lines plots Daily 20 (BLACK) & 50 EMA (GREY) on lower time frame charts
2) TE-REKAB
- PB: PULLBACK
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
Short term holding in Ultratech CementHello Friends, Ultratech looks very attractive for the short term holding. it has given flag and pole breakout on a daily timeframe with high volume. MACD is in a positive state on a weekly timeframe and stochastic is also in a positive state on the daily time frame. it is having potential strength for moving upward towards its target.
Ultratech cement - Shared on 1st December from 4802 to 5200 now#ultratech What a move! Completed 400 points from 4802 to 5200 now in 2 to 3 sessions. See related idea...
ULTRATECH CEM LOOK OUT FOR THESE LEVELS!!! ALL THE LEVELS AND PATTERNS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE.
GAVE A BREAK OUT FROM TRIANGLE AND RE TESTED THE SAME TRENDLINE TO BOUNCE BACK. BUY AT 4870; 4980 IS A HUGE RESISTANCE LEVEL AND PRICE HAS TRIED TO BREAK IT TWICE ALREADY.
The indicator used:
1) Daily Lines plots Daily 20 (BLACK) & 50 EMA (GREY) on lower time frame charts
2) TE-REKAB
- PB : PULLBACK
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
Ultratech cement - Moving perfectly as per related idea posted #ultratech followup... Its 4910 close today from 4802 yesterday...broken the flag and above 4950 we can expect at least 300 points move...it can retrace somewhat after breaking however overall strong bullish structure.
Ultratech Cement - Seems ready to shoot up again?#ultratech near all time High resistance Zone but forming a bullish flag pattern...If it breaks zone, then very good movement of at least 500 points can be seen...
View will be negated below 4750 levels
Ultratech Cement#ultratech followup... from 4642 to 4850 today.... good Break out. See earlier chart for movement.
Ultratech Cement#ultracemo followup... what a breakout today from yesterday's levels...140 points move...
Ultratech Cement#ultratech Followup... 4470-30 is crucial zone.. below 4430 its a fall as per levels given before... 4360 and next targets on chart...
Ultratech Cement#ultratech followup.. .so is this a pullback or trend reversal... might be cleared with next moves in couple of days...
Ultratech Cement#ultratech followup.. As told earlier in Linked chart, below 4500 targets are open for next as 4360. It gave breakdown today.
Can Ultratech cement finally break the hurdle?NSE:ULTRACEMCO
I feel it cannot. It is already in overbought zone. This could be a brilliant shorting opportunity.
ULTRACEMCO has sustained monthly resistance. Look out for LONGS.ULTRACEMENT has shown good MoM and closed above M RT. Price can retest this area. Look out for good PA for longs. WBP neckline also broken out. Price is also above M and W pivots. Next D RT around 4665 can be the target for positional long.
Ultratech Cement Swing BuyUltratech was trading in a falling channel which got supported on its demand zone (3960-3950), bounced from this level and yesterday it broke that channel. Seems good buy considering rally in reality sector.
Ultratech Cement - Bullish breakout after build up near resistanNote: This is for educational purpose only.
There is a bullish breakout with ascending triangle formation. Ultra high volume confirms the momentum of the bullish breakout. Moreover, there was a build up near resistance which is a sign of bullish strength. RSI above 60 adds to the conviction of bullish momentum.
