ULTRACEMCO looks good above 6120ultracemco looks good above 6120. near buying zone place stop loss at 5920 for target of 6710
ULTRACEMCO trade ideas
ultratech cementbreakout above the red moving average line should be taken seriuosly targets will give later
Ultratech cement - Cup & Handle formationCup & Handle formed. Waiting for handle breakout with high volume & strong closing. Recently Realty, Infra & few other Cement stocks are doing well.
UltratechInteresting Times for Ultratech
Stuck between important price Points.
Today a Doji :)
Keep an eye if starts to sustain above 7040
ULTRATECH CEMENT TARGET 7242ULTRATECH CEMENT monthly and weekly inverse head and shoulder breakout. Target 7242
SHORT/BUY ENTRY AT ULTRATECH -Daily- rsi divergence
-support zone will act as resistance zone at the daily time frame
-two probablities
1) 1HR- resistance broke and will now act as support
2) 1HR- resistance broke and its turned out to be fakeout
ultatecthis is looking good for long as it now retesting the BO and if do some conso here it will give nice move
ULTRACEMO LongBullish view for the counter
Disclaimer:
The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy.
This idea published is purely intended for educational and informative purposes, I urge traders to make their own trading decisions based on their specific trading objectives and financial position
#ULTRACEMCO weekly close abv 6925 ; tgt 7250#ULTRACEMCO weekly close & sustenance abv 6925 (resistance from Apr'22) opens up tgt of 7250.
View negated on close below 6750
#candleshunting
Ultratech cementCup and handle pattern Breakout
Right now cement sector is on fire 🔥
A stock recommendation For your portfolio
[symbol="NSE:ULTRACEMCO"]NSE:ULTRACEMCO[/symbol]NSE:ULTRACEMCO
weekly time frame ; inverse head and shoulder pattern
day candle brake the trendline with good volume brakeout
wait for proper neckline brakeout .then take long position
My view on UltracemcoUltracemco forming inverse Head&shoulder Pattern on long time frame chart.
Above 6920-25
Tgt 7000-7050-7100 in very short term
Keeping on radar Ultracemco 6900 CE
UltraTech Cement - Inverse Head & ShoulderAn inverse H&S has formed on the chat and the analysis & Target is as shown on the Chart.
This is my view and for educational view only.
Possible Descending Channel BreakoutKeep this in your watchlist, high chances of a breakout as it is consolidating near the resistance.
UltraCement with the Ultra Trade After the previous post on Ultratech where the target was hit beautifully, it has given another break after having a TIGHT consolidation during
the formation of a triangle after support from the 200 EMA constantly.
Very High probability with a possibility of a Golden Cross coming in.
Target to Next High Of 7497
Stop loss inside triangle.
Keep It Simple
ULTRACEMCO
NSE:ULTRACEMCO
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
ULTRATECH CEMENTULTRATECH CEMENT ....
1 - forming cup and handle pattern and
inverted h&s pattern
2 - 5 month consolidation
3 - good rsi momentum 63
4 - golden crossover
buy above day high
ultra tech intradayultratech going up in 15 mint chart pattern buy at 6652 sl 6627 tgt 6679.6695 6700. 6738
ULTRATECH CEMENT TEHNICAL ANLYSIS ULTRATECH CEMENT TEHNICAL ANLYSIS
CUP ☕ AND Handal pattern
A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift.
Ultratech Cement - Bullish SetupUltracemco has made a Insider bar last week on weekly time frame and on dtf, it is making a cup & handle pattern. There is also a confluence of ema's on hourly timeframe and on 15 min time frame there is a counter trendline resistance broken out.
ULTRATECH CEMENT_CHANNEL BREAKOUT?ULTRATECH CEMENT looks like a clear channel breakout. If the price sustains above 6534, it will reach certain targets.
ULTRATECH - 8th August 2022Stock in Resistance Zone of 6950 - 6550.
Expect Volatiity with chopiness in this Range.
Breakout from here could give a sustained move.
