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
ULC14 trade ideas
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.
UltraTech CementBullish on Ultratech Cement
Inverted Head & Shoulder pattern
Should Give as same % Upmove as the Head of pattern
Right Now focusing on ATH
*Not a Trading Advice, Just For Education Purpose*
ULTRACEMCO - Consolidation & Breakout Setup (Intraday)ULTRACEMCO has broken its long term resistance at 7050-7100 and for last 2-3 days have been consolidating. This has breakout zone of 7310 which is also minor resistance from past.
This is good Intraday opportunity above 7310.
Thanks
Piyush Gupta
Learn & Earn
Head and shoulder pattern in Ultratech CementHead and shoulder pattern in Ultratech Cement.........................
Breakout of inverted head and shoulder in Ultracemco.Ultra tech cement giving a break out of head and shoulder pattern on the higher time frame.
The stock on the weekly time frame has given a breakout of the inverted head and shoulder pattern with good volumes.
On daily time frame, the stock is halting on the higher levels. The stock as also formed an inside candle on the daily time frame.
3 point confirmation.
1. Inverted Head and shoulder pattern break out on weekly time frame.
2. Inside candle on daily time frame.
3. High volumes on the break out.
The stock can be bought for a long term as the targets will be also carried on the weekly time.
For intraday targets smaller time frames can be preferred.
Stock options for next month expiry can be carried for swing/positional trades as the stock start trading above 7300 levels.
Targets :- 7522, 7728
Stop loss :- 7100
Wait for the price action near the levels before entering the markets.
15 day postional call on : Ultratech Cementmore 300 to 500 rupees upside is possible. currently stock is bullish but you can exit your position as per your comfort. You can also buy fut also so you can gain more than share in less margin
Weekend pick: UltratechChart -> Ultratech Cement Weekly
An inverse head and shoulder breakout in Ultratech Cement.
CMP: 7237
Targets: 8080 and 8950
Good range: Around 6760
SL: 6130 weekly close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
