ULTRACEMCO trade ideas
ULTRATECH CEMENT at support levelUltratech Cement has taken multiple supports at this level. It can be good long trade with more than 1:3 risk reward ratio.
head and shoulder classic head and shoulders in ultratech combined with poor PBT(profit before tax) and the possibility of neckline break increases .
Ultra Tech Cement broke trendlineBroke trendline on daily chart.
Can wait for pull back and then the long call
Good volume
NSE:ULTRACEMCO
ultratech - buyBuy from cmp to 7520
easy tg - 7700
tg2 - 7900
Disclaimer : This is my personal analysis for study purpose not intended for trading
Build beautiful# Ultratech cement.
7435 sl clbs for 7900 min. target
please refer the chart .
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Swing Trade take trade on pattern breakout
sl should be Previous Swing
target min 1 : 2
take confirmation on 15 min chart as per 5 ema reversal
7505 TARGET ULTRATECH Cement will flyAFTER A CONSOLIDATION BUY Ultra tech with a target of 7505 and 7721.
the stock has very small stoploss of 7000.
ULTRATECH GOOD LONG CANDIDATEchart pattern and trend analysis suggest counter is at demand zone long can be inititated in this counter
ULTRACEMCO : entry & exit is very important
: try to manage money management
: know your stop loss
: find the chart pattern / analysis the chart before you enter
: TO KNOW MORE DETAIL ABOUT MONEY MANAGING STRATEGY
: gainprofit066
#Confluence_of_SupportsUltratech Cement is standing at a confluence of support and is a leader in the industry.
Accumulation can be done in a staggered manner starting at CMP.
Keep adding as the stock price rises and Hold for long term
Disclaimer: Educational View
ULTRATECHCEMENT important levels for long term investmentULTRATECHCEMENT important levels for long term investment
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
ULTRACEMCOLong can be initiated above 7416. Red day with low volume near support level.. so stock may turn from here
Ultratech - Keep on radarThe stock recently tested its long-time trendline support. If sustains above may go in an uptrend. And if breaks the levels of 7200 on a closing basis, then wait to come down to the lower horizontal support channel. As shown in the chart.
Only for learning and sharing purposes.
best of luck.
ULTRATECH CEMENT - SELL _ TARGET - 7300This is a perfect sell, considering how the overall market is. There is a bearish engulfing candle on the daily chart, signalling bearish reversal. Also a fake breakout and is back in the channel. RSI and MACD is also signalling weakness.
Risk to Reward is also favourable.
Best of luck :)
ULTRACEMCO: LOOKS GOOD FOR SWINGBuy ultratech cement at cmp(7483), targets are: 7600 and 7800. Hold it for 4-6 weeks.
Ultratech Stock is close to the support channel. there may be a bounceback to the levels of 7900.
Only for learning and sharing purposes.
Please comment with your views.
[POSITIONAL] ULTRACEMCO LONG BET risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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ULTRATECH CEMENTULTRATECH CEMENT
can go long above 7700 hourly close
but sl is big so risk:reward is not in favour
keep sl of ur choice for target of ATH
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial adviser before taking any trade.
Ultratech Cement On final push then fall aheadUltratech Cement had stellar rally from 2900 to 8000+ looks to be heading max 8532 which is max possible upside for it as wave 5.
Then a corrective wave will start towards 6300 which is 0.382 fibonacci levels.
Notice MACD Negative Divergence price making higher high and MACD higher lows.
DISCLAIMER:There is no guarantee of profits nor exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of your financial advisors before investing/trading.
Not recommended to take FnO positions based on this analysis
I may or may not trade this analysis.
Bullish_Ultratech CementThis counter is looking very bullish at CMP. Watch the counter on coming Monday and take the position accordingly. Cement sector is is expected to do well in coming days.
