ULCL1 trade ideas
Ultracemco, Bullish viewCement sector has gone under time wise and price wise correction form the past 10 days.
Also the recent launch of Gati mission by Hon’ble PM, expands the horizon of infrastructure development in India which would aid -
1. Efficient Logistical support
2. Enable better mobility and connectivity
3. Promote local trades
4. Real Estate development as whole.
These factors combined can boost the cement sector significantly. Ultratech Cement being the leader will stretch out first in race. The current 1.2 mtpa addition in capacity by Ultractech will also enable it to capture larger marker and fulfil the quality demand in the sector.
CMP: 7350
Positional trade through Cash or F&O means,
Target: 7600; 7800; 8000+ (Always trail the profits)
SL 7190/-
ULTRACEMCO 1H TFULTRATECH CEMENT is consolidated from 3 days at the lower zzone of the channel and has reversed from this point. Most likely it is going to give a good move upwards soon within 2-3. Watch out for this stock for coming days.
CMP :- 7628
SL :- 7480 (Keeping just below 7500 as it is good psychological level)
Target :- 8130+
ultratech cementproper support level .
good for swing.
timeframe : 1 Hr , 1 Day .
tmr monday : 11-10-2021 if u see a good bullish candel then go long for sure.
Swing SetupEXPLANATION : This is a 4 hour time frame chart of ULTRACEMCO . It has been in downtrend for days the stock on a very crucial level , If ULTRACEMCO taking support from Demand zone & broke its trendline resistance , I am seeing very good buying opportunity in ULTRACEMCO . If stock give a strong breakdown and broke its demand zone with high volumes and retest the same , I am bearish on ULTRACEMCO . Trade with confirmations .
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UltratechUltratech looking good to me for swingtrade targets are on the chart
Reason for selection:
1.Price Action Pattern Formation
2.Hidden Bullish Divergence in RSI
UltraCemco 1hJust placed my Swing Trading idea in Long Position drawing.
Just follow the Entry & Exit. Trail SL after 1:1 to Cost + Brokerage.
Can go more upward.
Note: Please book your Stop Loss after Candle Closes (avoid SL Hunting).
Grey : Entry
Green: Take Profit
Red: SL (close basis)
ultratech cement to add in watchlistKeep this stock in your watch list . ultratech stock is in strong uptrend & trading near the 50 EMA level. Since past 3 days minor pull back has been seen . Now long entry can be taken once the stock BO the 50 EMA level . This is very good stock for both investment & trading. This is for your educational purpose only.
UltraTech Cement LimitedUltraTech Cement me Cup patterns bana hua hai aur ek trendline follow kar rha hai , aur horizontal line support dikh rhai
Ultratech takes Support.. it will go UP1. Good Support at the Trend line
2. Higher Lows.
3. Ascending Channel Pattern.
ULTRACEMCOULTRACEMCO me ( inverted head and shoulders pattern ) bana hau hai short nhi jaana hai aaj buy hi dekhna hai is me
Levels for - 04 Oct 2021EXPLANATION: This is a 15 min time frame chart of ULTRACEMCO . The stock has been in a downtrend for days and has formed an Inverted head and shoulders pattern. If stock give a strong breakout and broke its supply zone with volumes and has retested the same. I am bullish on ULTRACEMCO .
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ULTRATECH CEMENTULTRATECH CEMENT. Bull Trend Started so i am Expected more bullish movement.(Buy =7616) (Stop Loss =7466) (Multiple Target= (8000, 8200 ,8400.)
ULTRACEMCOUltra ham log ko najar aaa raha hai ki lower low banate jaa rha hai aur ek niche support bhi hai us ko brack krta hai
Good Risk Reward RatioA setup you should must try, Its inside Channel with small SL you can ride the swing
Levels for - 27 Sep 2021EXPLANATION : This is a 1 hour time frame chart of ULTRACEMCO , It has formed Inverted Cup & Handle pattern breakout & continue down trend . I am bearish on ULTRACEMCO .
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following a tradline. keep on radar.it gives 8 to 10 % returns in 2to 3 days.in 5 minute candle take entry if volume is good. its give good return .
Ultratech cement Support over TLUltratech taking good support over Tl on daily chart. Looks strong for a reversal swing trade..
Ultratech Cement Cmp 7712 dated 17-9-2021 SellUltratech Cement Cmp 7712 dated 17-9-2021 Sell
1. Parallel Channel Mid line Break down 7825.
2. Support Line Breakdown @ 7765.
Sell for a tgt of 7660-7560-7460 SL 7850
It is just a view, pls trade at your own risk.
