ULTRATECH CEMENT weekly resistance touched and comes towards the weekly support. Under bearish. Target 6503
🟢 #Volexp seen in #Ultracemco recent days. Accumulation sign. 🟢 RST- SAR system has given bullish reversal signal on DW chart 🔵 Buy above 6225 for a TGT of 6453/6687/6892. SL=5956 HCB
#ULTRACEMCO after BO abv 6470 on 29-Mar continues its upward move attempting to close abv 6870 - nxt resistance Buy on Daily close abv 6870 Tgt 7145 (4%) / 7313 ( 6.4%) / 7468 (8.7%) on candle shunting SL 6580 risk : reward - 1: 1.35 / 1: 2.2 / 1: 3.5 RSI crossover above 60 should give positive momentum #swingtrading #trading #nifty
NSE:ULTRACEMCO Entry Rs 5950 - 6010 Target 6250 SL 5860 Time: 2 weeks CMP 6052 Qty: 20 Shares UltraTech Cement is trading above the demand zone and the downside looks protected.
As we see BEAR FLAG formation in the ULTRATECH CEMENT . We can enter either side after it breaks.
I am learning and trying to understand Elliot Waves. First time trying to draw waves please comment and guide me with analysis.
NSE:ULTRACEMCO It is very bullish for tomorrow for intraday trading It is oversold stock and Technically a very strong chart. Buy for the target of RS 6573.
Showing sign of reversal and trading very close to a nice support zone on day chart.
short term buying view buy only above 6170 may we found bottom here
it has formed bullish shark harmonic pattern. it may retrace to 0.38%-0.50% of point CD. view negated below 5600
NSE:ULTRACEMCO 📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns. 📌 That Dash Line Is Called...
this trade is risky but if the stock show reversal from now it could be good RRR.
Fundamentally a very strong stock. Has been on a down trend for a very long time with RSI in oversold zone. Wait for an reversal candlestick pattern at the mentioned level for long term investment.
Ultratech Cement can take support near 6250-6300 and start it's upward journey towards 7000+
Just a technical view on any fall where sud u buy. If by any chance u get near the levels marked. Buy as per your risk appetite.
Good opuurtunity for long term investers and also for short term investers too. This Ultratech script is in good form and strongly have my conviction that it may reverse from around this level or around 6200 range and my stoploss for short term trade would be around 6170 level.Long term investers just accumulate this legend for good ROI.
Inverted hammer candle is candle stick pattern which shows a price rejection area on upper side. We can go for sell a stock with the help of inv. Hammer candle by confirmation of next bearish candle move. Today in the morning we got the inverted hammer candle (with the last two day's double top pattern)on the steps of previous day which was telling us sharp price...
Ultratech Cement Cmp 7290 dated 15-2-2022 1. Reversed from the Support Line. Buy for a tgt of 7415-7540-7660-7770 SL 7140 It is just a view, pls trade at your own risk.