ULTRATECH CEMENT .... 1 - forming cup and handle pattern and inverted h&s pattern 2 - 5 month consolidation 3 - good rsi momentum 63 4 - golden crossover buy above day high
ultratech going up in 15 mint chart pattern buy at 6652 sl 6627 tgt 6679.6695 6700. 6738
ULTRATECH CEMENT TEHNICAL ANLYSIS CUP ☕ AND Handal pattern A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift.
Ultracemco has made a Insider bar last week on weekly time frame and on dtf, it is making a cup & handle pattern. There is also a confluence of ema's on hourly timeframe and on 15 min time frame there is a counter trendline resistance broken out.
Above 6800, it looks very good for targets as shown in chart.
ULTRATECH CEMENT looks like a clear channel breakout. If the price sustains above 6534, it will reach certain targets.
Stock in Resistance Zone of 6950 - 6550. Expect Volatiity with chopiness in this Range. Breakout from here could give a sustained move.
Breakout in ULTRACEMCO Entry: 6825 Targets: 7820 & 8215 DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
ULTRACEMCO is forming a beautiful cup with handle pattern at its bottom, the handle is giving a shakedown and a long entry possibility if the high of the handle is taken out with high volume. Giving a target of 6776 (13%) which is the next area of confluence where the stock may haunt or make a pullback. Fundamentals of the stock are strong and healthy according...
It is only for knowledge purpose. Kindly do your analysis before taking any trade. Thanks! Price is reaching towards supply zone which is supported by overbought RSI followed by bearish divergence. One can enter as soon as one sees rejection from the zone. 5700 looks like a good target.
Ultratech have an rising wedge pattern which indicates that the share wil be falling in upcoming days... Wait for the breakout then take entry...
Ultratech cement brokeout importance resistance and started to fly. Can Go long for the targets given. Also, Keep cement sectors stocks on your radar, as most of the stocks given breakout Happy trading
Ultra tech cement looking good in daily concentrate if price sustain above 6458 in daily
good upmove from 5200 exited near 5800 again entered above 5950 possible 6950 Like Share Comment
this will be best buy and chart path is self explanatory
Good breakout with volumes heading towards 6700-6800 becomes a BOD candidate
keep watch on weekly close there is big target for you
It's been almost 15 trading sessions and during these 15 sessions we witnessed a decent bull run in this Cement Stock. The stock has surged by almost 800 points during these 15 trading sessions. However, the volume levels weren't looking promising enough to support the surge in price of the stock indicating a lesser participation of investors/traders which can be...