ULTRACEMCO trade ideas
Sell on Rise This one is Going down heavy , No need to look back , before going down it will try to lure the Retail , Look for selling opportunity in Futures
Bold and strong Financial can sell it once it makes to 4015 stop 200 Points , and hold it , Small retail can wait for 1 Hour reversal and take short after reversal confirmation , hold it by trailing your stop , it will come to 3200 ,
Big W Reversal with Bullish Divergence !Stock has formed big W reversal pattern and showing bullish divergence therefore it looks good for buying at this level. It has broken the short term trend line and RSI (14) is also healthy above 50. One can buy the stock now for a target of 4000 in due course by providing suitable SL.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
UltratechBig 3 in the cement sector all have a +ive divergence. All are making higher highs..
Watch this space...this could be the start of the revival of the sector overall...
Ultracem - on the way up?Conservative investors could wait for the inside candle to cross 3725. More adventurous investors could straight away go long. I have gone long. The 3 line Break and Renko on the 30 minutes chart are also looking good.
SL below 3630 Immediate Targets around 300+ points from present price to about 40000. Cement is quite volatile so a trailing SL is a sensible plan. Presently the SL below 3630 makes for a pretty good risk/reward ratio.
Apologies for this cluttered chart but I wanted to pack in as much information as possible.
ULTRATECH CEMENT LOOKS GOOD TO SHORTULTRATECH made a very good structure for short,Price broke the daily range with good momentum and sellers are holding price below support,We only need a sell signal to go short.
ULTRATECH LOOK FOR SELL This is a very good structure of early trend continuation, Try to learn who is controlling the market buyer or seller, price action is not only candlestick patterns there is much more.
Fresh Bearish cloud break down after consolidation in cloud Fresh Bearish cloud break down after consolidation in cloud
Ultratech cement- the big becoming biggerthe markup target has been derived from this point and figure chart..
This is a classic case of stepping stone reaccumualtion
there is one prior reaccumualtion which needs a special study as a case
will be updating below
Disclaimer.. Not invested, Not an investing / trading recommendation
ULTRACEMCO: SELL@4054 SL:4080 TGT@3980Sell ULTRACEMCO at 4054 with Stop-loss of 4080 (Stop loss is on closing basis, Please do not exit the stock in intraday volatility), and Target of 3980
ULTRACEMO: Neutral View1. Has moved below 50 and 200 DMA - Bearish
2. Above long -term trendline - Could be taking support
3. Watch if closes above 200 DMA
4. Minor Price and RSI Divergence - Bearish
FIBONACCI SAYS BUY IT24-01-2018 BUY ULTRACEMO ABOVE 4411 TGT1=4476 TGT2=4526 TGT3=4601 closing base SL=4373
ultracemco - Short ideaThe stock is facing resistance at 4600 level after a breakout at 4500 level.
One can go short at or below 4540 with SL at 4600 for T1 - 4500 T2- 4450
alternatively one can go short on 4600CE at 62 and 4400 PE at 30 for 18400 in 8 days.
Keep strict stop loss for the following reasons.
1. Cement stocks are surging with some expectations from budget
2. It is consolidating after a breakout
3. It is against trend.
Please keep options for hedging
Ultratech Cement Bullish FlagUltratech Cement Bullish Flag
Long Above 4340 with 4240 SL
T1 - 4380
T2 - 4400
T3 - 4450
T4 - 4480
T5 - 4530
T6 - 4600
Is it what I C...?My Disclaimer -
I am neither professional nor a registered analyst with SEBI or any other body, I read price and time charts for my own study and may or may not take any position on any of them.
If I share my study with you, it is purely for Study purpose, and any Profit/ Losses arising out of anyone taking any position shall be at their sole risk and responsibility and I or anyone associated with me shall not be responsible for any instances whatsoever.
Trading or investments are financial decision and should be taken in light of all risk involved and on advise of a qualified, certified and registered professional advisers.
Please do not TRADE until you have made your study or taken a piece of advise.
Thanks.
ULTRATECH CEMENT bullish setup - positional tradeULTRACEMCO has showed good strength on weekly chart by taking support at the channel median as well as 13 weekly average.
Positional traders can buy at CMP
T1: 4750
T2: 5000
SL: 4150
ULTRACEMCO - Short ideaCements stock has risen due to some news.
So keep strict SL.
One can go short at or below 4273 with SL at 4316 for T1 - 4225 T2 - 4200
Alternatively one can go short on 4150 DEC CE at 45 and 4350 DEC CE at 71 together for 23200 INR in 14 days.
ULTRATECH CEMENT trade setupULTRACEMCO trade setup
Long above 4305
Short below 4250
Targets and Sl will be updated once trade is active
SHORT ULTRACEMIt failed to close above GANN 360 degree point 4254.5 ON 24/11 (FRIDAY) which indicates weakness will continue next week. Entry points and target with stop loss in chart
