ULCL1 trade ideas
Ultratech cement has given a breakout 5200 levelUltratech cement has given a breakout. In weekly chart for the 3rd attempt Ultratech has given a break through. As the buys are very much intrested, we can make a long position.
Buy5236
First trg 5520, Sl 5064
Short term holding in Ultratech CementHello Friends, Ultratech looks very attractive for the short term holding. it has given flag and pole breakout on a daily timeframe with high volume. MACD is in a positive state on a weekly timeframe and stochastic is also in a positive state on the daily time frame. it is having potential strength for moving upward towards its target.
Ultratech Cement respecting trend line at 5200We can see it's the third time Ultratech cement is respecting the trend line. If a breakout happens after a short retracement then it's good for long position.
ULTRACEMCO BRAKOUTULTRACEMCO BRAKOUT May Good For a 2-4 Day Swing Or So
Disclaimer:-> Investment/Trading in securities Market is subject to market risk,this Idea is for Educational Purpose Trade On Your Won Risk!
Ultratech cement - Shared on 1st December from 4802 to 5200 now#ultratech What a move! Completed 400 points from 4802 to 5200 now in 2 to 3 sessions. See related idea...
Buy Ultratech Cement Buy Ultratech Cement if andle close above 4940 Stoploss 4880 Target 5070 and 5100
Double bottom Formation in 1 Hour Chart..
Breakout level is 4940
All levels are on closing basis.
ULTRATECH CEM LOOK OUT FOR THESE LEVELS!!! ALL THE LEVELS AND PATTERNS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE.
GAVE A BREAK OUT FROM TRIANGLE AND RE TESTED THE SAME TRENDLINE TO BOUNCE BACK. BUY AT 4870; 4980 IS A HUGE RESISTANCE LEVEL AND PRICE HAS TRIED TO BREAK IT TWICE ALREADY.
The indicator used:
1) Daily Lines plots Daily 20 (BLACK) & 50 EMA (GREY) on lower time frame charts
2) TE-REKAB
- PB : PULLBACK
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The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
Ultratech cement - Moving perfectly as per related idea posted #ultratech followup... Its 4910 close today from 4802 yesterday...broken the flag and above 4950 we can expect at least 300 points move...it can retrace somewhat after breaking however overall strong bullish structure.
Ultratech Cement - Seems ready to shoot up again?#ultratech near all time High resistance Zone but forming a bullish flag pattern...If it breaks zone, then very good movement of at least 500 points can be seen...
View will be negated below 4750 levels
#ULTRACEMCO CASH : LOOKS GOOD ABOVE 4900.10#ULTRACEMCO CASH -POSITIONAL CALL
22.11.2020
LOOKS GOOD ABOVE 4900.10
AND MORE IN DIPS AROUND 4870-4875
STOPLOSS 4860
TARGET 4940/4990/5040
CMP 4863
ULTRACEMCO LONGEntry above all time high
ATH-4910
bearish below 3770
above all important moving average
