Ultratech long consolidation overUltratech has bullish poll & flag pattern breakout in day candle. observe it. it can give good upside in future. follow the target given in the chart. but clearly 25-30% return expected. Longby ashishhcUpdated 10
Trendline Breakout in Ultratech Cement RSI above 65 and rising Trading above EMA50 Volume increasing 5 months of consolidation Longby plus_charts1
ULTRACEMCO | Started with Uptrend after channel breakoutULTRACEMCO | Started with Uptrend after channel breakout Chart Analysis 1) Channel pattern breakout 2) higher high formation started to appearLongby Bigfoot_Academy1
#Ultracemco cash : Looks good above 10200.10#Ultracemco cash -Positional call 23.05.2024 Looks good above 10200.10 and dips 10075-10100 Stoploss 9750 Target 10600/11000/11400 Cmp 10170.55 Longby anandnst2
Ambuja cement daily timeframe breakout. Ambuja cement daily timeframe breakout. Looking for bullish trend in coming days.Longby Venkat5Updated 224
ULRTACEMCO BULLISH - TGT 10500-10730 SL 9780Ultratech Cement Ltd. is an interesting chart with following 1. RSI on all time frames DWM above 60 2. Price Crossed above 20 W SMA 3. Narrowing Bollinger Bands on weekly chart 4. ABCD Pattern under formation on weekly chart 5. Both ARS and SRS above zero Can be a good risk reward with buy on dips and dips only with major support at 9780- 9830 zone and next resistance at 10500 levels Lets See How it evolves Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.Longby rajivrajeev0
Ultratech cement..Bullsh flag pattern Ultra tech is in uptrend and then the bullish flag pattern is broken in weekly time frame, can plan entries by keeping stoploss below the consolidation zone.Longby Pati_Revanth0
ULTRATECH - Inverse H&S pattern This big cement stock is giving breakout of Inverse H&S pattern on daily chart. As nifty has given fresh breakout with huge upside. this cement leader is ready for big move.Longby Arthavidhi0
ULTRATECH CEMENT (INDUSTRY LEADER)CHARTS are self Explaining the Trend as trend seems to be long term uptrend.. BUYING ZONE IS AROUND 9200-9300 NOT A BUY OR SELL RECOMMENDATION CONSULT YOUR ADVISORY Longby SimpleTraderGogo110
Flag & Pole Pattern In Ultracemco- Looking Very Strong-Flag & Pole Pattern -Gave Strong Closing Near Resistance -Rsi also ready for breakout -volume is high - keep in radar Longby Marketik0
UNLTRATECH CEMENT FORMING A FALLING CHANNEL OR FALLING WEDIGELet’s analyze the chart pattern for UltraTech Cement. The chart indicates that UltraTech Cement is currently forming a falling wedge pattern or a falling channel pattern. These patterns are considered bullish and suggest potential upward movement in the stock price. Here’s what each of these patterns signifies: Falling Wedge Pattern: A falling wedge is characterized by a gradual narrowing of price range between two converging trendlines. The upper trendline (resistance) slopes downward, while the lower trendline (support) slopes upward. As the price oscillates within this wedge, it typically signals a potential bullish reversal. Traders often interpret this pattern as a sign that selling pressure is diminishing, and buyers may step in. The breakout from the upper trendline (resistance) can lead to a significant upward move. Falling Channel Pattern: A falling channel is similar to a falling wedge but has parallel trendlines. The upper trendline acts as resistance, and the lower trendline acts as support. Price tends to move within this channel, bouncing off the trendlines. Like the falling wedge, a falling channel also suggests a potential bullish reversal. Traders look for a breakout above the upper trendline to confirm the bullish bias. Trading Strategy: Based on the chart analysis, consider the following approach: Buy on Dips: Look for buying opportunities when the stock price retraces toward the lower trendline (support). Set stop-loss levels below the support line to manage risk. Target potential upside moves toward the upper trendline (resistance) or beyond.Longby RoG80
ULTRACEMCO Near Support and FIB 50% NSE:ULTRACEMCO This Guy Rejected from the Resistance Now Trade in Downtrend Channel and Near Support and FIB 50% Let's see Support Hold or Break Even Break the Support We need Weekly Closing For Downside PlanLongby Maker-X19061
The correction is overUltratech CMP 9875 The stock is in a strong bull trend. In my view the correction is done. Any pull back will be an opportunity to buy. In my view this counter is headed for 11260 and 12500.Longby singh17vivek2
ultratdech cement trading in channelultratdech cement trading in channel and flag pattern and reverse from golden zone .by dcpandey0843
Ultratech cements analysisPrice may reach high after breaking the level markedby hariharakumaran96203
Ultratech ready for a breakoutUltratech has tested many times its declining trendline in daily frame. Once the price breaks TL, it will move fast Target 10500/11000 sl 9400Longby Tech_Chart2
ULTRACEMCO 21-03-2024Happy learning with trading. I just shared my view. If correct give me one like. If not correct me. Disclaimer: I am not a Registered Analyst with SEBI and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.by anto1989Updated 2
Ultratech - At Crucial LevelThe stock price has doubled since June 2022. As per the chart, has been traveling in a rising parallel channel. This time resting at the upper edge. If the price is rejected here, there may be some correction time ahead. One has to decide the entry and exit levels very wisely. This illustration is for learning and sharing only. Not a piece of trading advice in any form. The setup fails if the price breaches the channel above and sustains. All the best. Shortby anandliveUpdated 225
Ultratech looks bullish above 7KThere is Head and shoulder pattern forming in Ultratech cement if it breaks 7000 (neckline) we may see new highs in Ultratech. if it faces rejection at neck line it may go further down.Longby VNagarjunaUpdated 224
Ultracemco...ultra breakoutUltracemco is preparing for a breakout to break 52 week high. 10000,10200,10400 lvels can be seen in coming days. It seems before Feb expiry. Longby rohanssalunkhe3602Updated 3
Amazing breakout on Weekly / Daily Timeframe - ULTRACEMCOI usually don't believe in patterns, since pattern trading era is gone. However, breakout works since price reacts first before the news. It's just a perspective, a simple chart for pattern lovers..... P.S: No Hate, only peace & Love for all traders out there! Longby Yoyohoneysingh934
Wait till breakout.. and keep proper stoplossAccording to Weekly chart and daily Trendline...There will be not huge downside... So,if break above the given level than buy some call.. moreover it is taking phycological resistance. So it is the time correction as well.. Keep you fund ready to buy above the mentioned level.... Longby AhmedabadTradebullsUpdated 2
UITRACEMCO Selling Point Of View Just wait at the support level. When it breaks and retests, the lower end of the broken candle becomes the entry point. Place a stop loss and trail it until the next support level.Shortby Trade_with_Bhanu0