ULTRATECH CEMENT NSE:​ULTRACEMCO

exp on chart..

ULTRACEMCO (UltraTech Cement Ltd) SELL BELOW 3438

Pole and Flag on Daily Chart

ultracem insidebar short trade highest call oi 3600 Sell below PDL 3515

Pole and Flag formation on Daily chart

23-1-19 18:31 50 crossing 200

#ULTRACEMCO CASH 21 JAN 2019 STRONG SUPPORT 3835-40 CMP 3849.50

Short 3770 Tg 3633/3473 SL 3873

Ultratech Cement - Buy Idea

Same pattern, Same analysis. Price brokle the trendline now wait for pullback to enter in the market

Levels mentioned in the chart!

Ultratech-Hit the resistance now we can see some down trend

Levels mentioned in charts ...

UltraCemco now bullish because of break of resistance line. Buy CMP: 4085 ; SL: 4000 ; TP: 44200; R:R - 3.1

Leader of the India cement pack. Ultratech cement at 200EMA. Every other big cement company faced resistance at the 200EMA and couldn't cross it. Could this be sectorial weakness? If Ultratech falls below it'd be worth shorting stocks from this sector. ps: ACC, Ambuja, Shree, Dalmia Bharat all couldn't cross 200EMA.

ULTRACEMCO day chart study

Buy ULTRACEMCO above 3996 T1: 4070 T2: 4140 SL: 3934

Analysed levels mentioned on chart...