ULC14 trade ideas
Ultratech Long ViewUltratech Cement :
Looks good for a resistance breakout
Long above 6985 with a SL 6930
BuyBuy for 7400 with sl below 6650.
Parallel channel is clearly visible. Warning line is now the target as it has taken support from upper median line (UML). RS is strong. RSI is indicative of bullish but contracted range.
Selling PE of 6800 and buying PE of 6500 can be à good strategy as coutner is expected to spend much of the time in parallel channel.
Ultratech cement Intraday View - Looks weakUltratech Cement :
Intraday View
Looks weak, can break immediate support
Short below 6625 with a SL 6660
Ultratech Cement - Tuesday Trade| 23rd MarchStock has broken resistance trendline. If sustains above trendline and opens flat then minimum target is 6785. If 6785 (Monday high) is broken and sustained then target levels of 6825/6850 tomorrow only
Ultratech cement - Get ReadyUltratech cement breaking the trend line and resistance zone at the same time. Buy for an all time high target both for intraday and swing traders. Support of above average volume also.
ULTRACEMCOThis stock is been in bullish trend since OCT 2020. And retraced in last few sessions now it pulled back after taking support of 30 SMA and closed above 15 SMA which shows a bullish momentum is to be continued. Buy above 6700, SL 6350, Target 8 to 10%. For educational purpose only. Kindly contact your financial advisor before entering any trade.
ULTRATECH CEMENT "Channel Pattern" Bullish view
Reasons:-
1.Dynamic support
2.Price support
3.Channel Pattern
4.Volumes indication of weak down trend
5.Fibo levels @ 0.5%
If not an direct upmove we might see some consolidation and then the stock may shoot in upwards direction.
The EMA and the support are very crucial levels lets see if they could sustain.
ULTRATECH CEMENT SWING LONGDay breakout. Bullish Flag pattern.
Entry price - 6500
Target - open
Stoploss - 6350
BullishWe missed the entry on 4200, but now again it showing entry . Monthly -weekly-daily breakout. Vol rising , above 200 MA. Making 52 week high ...showing bullish strenth.
Short term short for 5754Price touched 1.618 retracement levels from March fall, now facing resistance, can find next support at 5754
ultratechcemco good trade possibility#ultratechcement showing weak signs
with nifty breaking its trendline today, market may be bearish for the next week
also, RSI is near 40.
if ultratechcement breaks trendline, you can easily short it for good profits
if it takes support at the support zone, then go for a long position.
market is supreme and we should always respect the trend
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