ULTRATECHULTRATECH - Mother candle formation
entry - wait for weekly close above 7299
Target - 360 Points
SL - AVWAP
ULC14 trade ideas
Ultratech Cement: Inverted Head and Shoulder breakout
Ultratech Cement ( NSE:ULTRACEMCO ): Inverted H&S in weekly chart
Trade Plan:
Cash :
BUY at CMP.
Add more at 6900
Place SL at 6615.
Revise the SL at 7350 when share touches 7650.
Further, if share breaks out 7800, tighten the SL to 7600.
Book long at 8000.
Option :
1. Naked Call Buy : Ultratech 7300 Jan-25 call option at 100, with SL:65, T: 150.
Lot: 100 shares. (So calculate the risk also if you want Options).
2. Bull Call Spread :
BUY 7200 Jan-25 call.
SELL7800 Jan-25 call.
Breakeven is 100 point upwards with 1:3 RR. Margin: 25k.
ultratech looks strong in weak marketplace gtt at @7057 leveI. iam not personally interested, because it is a slow mover. stop loss 1%>
Best Swing To Trade Ultratech Cements Hello Everyone, Today i am back with a wonderful share to swing Ultratech Cement as you can see that there is a Inverse Head and Shoulders and a Slanting Channel which is a very bullish sign, destroying the chances of bear as the Retest is also complete and stock has moved up also. Now coming to targets so if we take the target of the channel it is 7980 at 12% Profit From here and if we take the target of Inverse Head and Shoulders it is 8571.95 at 20% Profit From here. This is just an opinion and do it on your own or by asking your financial advisor.
ULTRACEMCO option 7200 call sellPrice reach at supply zone
Entry executed ( option 7200 call sell )
Follow risk management
Journal your each trade
Thank you
ULTRACEMCO - Swing Trade + Head & Shoulder patternThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis
ultra cement bullish long for enteramazing breakout happen i have booked profit and and be focus on profit
ULTRA CEMENT H&Shead & shoulder pattern over ultratech could lead a good swing or short term investment in upcoming days....
ULTRATECH BEEARIS CYCLEAs see the chart
DMA 6500 will soon visible on screen & level will not maintained then show more down
if Before earning 200 DMA touch the aggressive will down
DISCLAIMER:
I'm not a financial advisor. This is based on my personal opinion and research on stocks. Use at your own discretion.
UltraTech CementUltraTech Cement H&S Breakout Given.
Head to neckline distance approx 1600 points.
Taking support at Green Trendline.
Breakout given above red resistance line and yellow neckline.
Wait for Breakout above pink resistance line and retest it as support or neckline as support.
UltraTech Cement
Buy 6800-6850
SL 6725
Tgt 7270-7535-7720-7900
These are my personal views and are for Educational purposes & paper trade only. Please analyse yourself also and consult your financial advisor before investing.
UltraTech Cement - Retest of head and shoulder patternCurrently, UltraTech Cement is trading over its strong support zone, which previously served as a resistance area.
We can see that the price has come back to test the head and shoulders pattern's breakout & we can see Selling Volume is getting Exhausted.
On the chart, I have drawn a red trendline. Planning a buy trade is possible if trendline breakouts occur.
for volume analysis "Wave Volume Divergence" Indicator has been used.
My analysis is solely for study purpose; I am not a Sebi registered individual.
If my analysis proves useful to you, please like it and follow me on TradingView for more analysis like this.
Buy Ultracemco in 15 Min.Buy #Ultracemco in 15 min. the buying reason is cup & Handle and #ADX is showing rise +DMI is rise.
ULTRATECH NEAR DEMAND ZONE | 6875 - 6850Ultratech is coming near previous demand zone and Risk Reward looks good for buyers.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
ULTRACEMCO may go up 8000 SL 5990 in one month time As per Harmonic PRZ pattern, ULTRACEMCO may go up till 8000 SL 5990 in one month time
ULTRACEMCO (requested analysis)I explained everything in the chart itself & do keep it in mind tht this is a WEEKLY chart so my only point of sharing this is to share my BIAS but if u wanna find entries u should go to the lower TFs.
TRADE AT UR OWN DISCRETION WITH GOOD RISK MANAGEMENT.
ultra tech cement this is not investment advice doing this for myself to increase my confidence also share your thoughts on this
ULTRACEMCO | Long (Retracing trendline)Bullish on Ultratech cement, after breaking out from the pattern it is retracing the trendline.
Ultracemco bearish cypher pattern Entry put side 7220/7250 zone
Sl 7308 around 1%
Target around 5.5%/6%
Tomorrow price open above 7315 ignore stock
LONG AND OPTIONS Showing Inverted head and shoulder pattern. with confirmation then chart giving retest with ENTRY 6999 AND SL 6800.TARGET 8100.
Good short term trade opportunity in ultratech cement Ultratech cement just broke the neck line of head and shoulder pattern on weekly chart. Currently it is retesting the neck line, after that it may rally upto 8140-8150 in short time. Keep an eye on the stock.
