#ULTRACEMCO CASH : LOOKS GOOD ABOVE 4010#ULTRACEMCO CASH
31 MAR 2019
GO LONG ONLY ABOVE 4010
STOPLOSS 3975
FOR 4035-4040/4060/4100
CMP 3998.70
ULCL1 trade ideas
UltraTechCementDouble Bottom support. We can start counting the EWaves from this zone. Price has shot up to previous high in Impulsive 3rd wave and then made some correction/ consolidation towards 200 DMA making 4th wave. And now again price is showing signs of next wave of 5th. If top of 3rd wave is surpassed and held, 5th wave will be completed. Target can be 4200+. SL is 200 DMA. So the risk-reward ratio comes at 1:2.
ULTRATECH CEMENT - short below 3890Everthing mentioned on chart
"Idea by Malkiat Singh"
if you have any queries regarding above idea or any other stock feel free to D'M
On Holi We launched
TruStox Community , A community driven platform for Traders with almost all features that a trader needs.
Here are some of them:-
Regular Study Conferences
Collective Fundamental Research
Access to Tools from Trader's Toolkit
& many more.
For More information : Click Here!
Note : Trading in any financial market is very risky. We post ideas for educational purpose only.
It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
#ULTRACEMCO CASH : LOOK GOOD IF SUSTAIN N CLOSE ABOVE 3950 #ULTRACEMCO CASH
26 MARCH 2019
SUSTAIN N CLOSE ABOVE 3950
WILL TAKE IT TOWARDS 4020-4030
RISK FREE ABOVE 4030 FOR 4100/4150/4200
CMP 3925
ULTRASEMCO 15 MIN- SEEMS TO BE BEARISH!!!Intraday selling can be seen in ULTRASEMCO below initial support level.
Levels are mentioned on chart.
Open to discuss here.
we believe that discussion will bring more informative information for the same.
For more ideas. please keep in touch and follow us
Thanks!!
Short Ultratech
cmp : 3922
Strict SL : 3950-3980 closing
Trade Duration : 5 Sessions
Target around : 3800-3750
Exit on target or trading duration
#ULTRACEMCO CASH : LOOKS GOOD ABOVE 4005#ULTRACEMCO CASH
18 MAR 2019
STRONG SUPPORT 3900-3910
GO LONG ONLY ABOVE 4005
& DIPS 3885-3990
FOR 4035-4040/4060/4100
CMP 3970
SHORT TERM SELL || ULTRATECH CEMENT Sell ULTRATECH CEMENT on rise with SL of 4190 and targets of 3819. A confirmation obtained on RSI and a convergence on MACD on the cards that will eventually lead to a downward move. One can book profits on their longs.
bullishUltratech Cement has closed aove 1/1 ascending and seems to be poised for a bullish run.While very strong support 3850, an intermediate target can be kept at 4650
ULTRATECH - SHORTBAT PATTERN
SELL NEAR 3848
SL 3920
T1 3725
PRICE REJECTION IS MUST AT THE GIVEN PRICE POINT
