NSE:CNXMIDCAP NSE:ASHOKLEY NSE:ASAHIINDIA NSE:BAJAJHLDNG NSE:GRAVITA NSE:IEX NSE:PIIND NSE:POLYCAB
Good to keep on the radar
Always respect SL & position sizing
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Trade Secrets By Pratik
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Disclaimer
SEBI UNREGISTERED
This is our personal view and this analysis
is only for educational purposes
Please consult...
Price now at resistance, Its a good buy above 7075 level where it might break the following resistance trendline for a target price of around 7800 and a good sell below 5983 which is 500D moving average for a target price of around 5150. Always trade at your own risk and own knowledge.
Good Luck, Jai Hind 🇮🇳
The Stock is forming Inverted Head & Shoulders type of Pattern.
Can go long after sustains above round level of 7000.
SL:-6675
Targets:- 7550, 7950, 8270(ATH)
Weekly time frame= inverse head and shoulder pattern, And trendline breakeout happen with good volume . we wait for proper H line breakout , it happens go for long
ULTRACEMCO
Key highlights: 💡⚡
📈 On 1D Time Frame Stock Showing Breakout of Head and shoulder Pattern .
📈 Strong Bullish Candlestick Form on this timeframe.
📈It can give movement upto Breakout target of 8710+.
📈 Can Go Long in this stock by placing stop loss below 6650-.
📈 Breakout this can give risk:reward upto 1:5+.
The Infra sector has been in the limelight and is seen outperforming broader markets. Nifty Infra index is at the cusp of breaking above last one year range. Within the Infra space we
expect the cement stocks to witness catch up activity, among the large cap cement stocks our preferred pick is Ultratech cement which we expect to outperform
The stock has generated...
NSE:ULTRACEMCO
#NSE:ULTRACEMCO formed Beautiful
Inverse #Headandshoulder (W) pattern
#Trendline BO
Trading @ major #Resistance.
TL & Resi BO may show good momentum with small pull back, rejection from This level may consolidate.
Levels mentioned on chart !!
>>Ultratech cement is forming inverse head and shoulder , wait for pattern to complete and breakout of the pattern .
>>Safe buy after breakout
follow for more such analysis
\\ this post is for educational purpose only \\
inverted head shoulder pattern which is forming not completed and wave theory also supports that final move is pending in cement giant
downside risks are also present but upside is more likely can slip towards 5600 levels without disturbing the head and shoulder pattern but upside is inevitable
