ultratech bullish flag breakout updateeyes on 10350 stya abv or close abv 2 days will go 10700-11000+++ expect where flag support line 9750 blw melt dwn expect 95-9300 as per correction break any range see power of chart pattern
ULTRACEMCOV2024 trade ideas
Ultratech futures respecting and showing support near 16 month rising trend line from last 3 session defending a close below 8200 can enter long with support 8200 day closing basis for target 8450 -8550 .view fails on day close below 8200 . this is purely for study purpose do not trade on this base . keep on radar
polycab or ultratech cment update buy sidepoly cab buy soon 5350-5400 or umtratech buy soon 8400++++++ sl poly cab 5228 or ultratech 8196 looks breakout range in uper side
ultrtech crucial update blwon dialy chart sustain blw 8100 looks dwn fall expect 7980-7929+++ hurdel for resst. 8189 only abv mkt reverse possible yes alert trader who want to long???? eys ono lvl more stya tuned with us
sell ultratech 8100 tgt8010-7820-- sl will 8184sell ultratech 8100 tgt8010-7820-- sl will 8184 yes blw 8100 in dialy chart looks sharp dwn side move due to low demand of cment
buy ultratech abv 8450 tgt 8700++ expectbuy ultratech abv 8450 tgt 8700++ expect keep sl 8377 cls base looks sky jump in chart --bajaj finance also rockedddd abv 7200 it 7900++++yes nifty or sensex lifetime high made so looks cment stock in focus
sell ultratech cment 8120 blw looks dwn fall 7950sell ultratech cment 8120 blw looks dwn fall 7950 keep sl 8192-- yes on daily chart looks profit booking candel soon sell on rise must or fundamentally looks some dwn fall also like shree cment as news base crashed
sell ultratech blw 7680 sl 7790 tgt 7600-7500 or moresell ultratech blw 7680 sl 7790 tgt 7600-7500 or more yes bear candel wqill show power as per expectttttt sell only with tight sl cls base
#ULTRATECHCEM POSSIBLE TO SELL#ULTRATECHCEM trading 6662 formed bearish pattern,
Today trading our retracement level,
we can sell below 6605 and tgt 6550-6500
SL: LIVE
#ULTRATECHCEM POSSIBLE TO SELL#ULTRATECH trading 6352 formed bearish pattern,
Today trading our retracement level,
we can sell below 6320 and tgt 6150
SL: LIVE
#ULTRATECHCEM POSSIBLE TO BUY
#ULTRATECHCEM trading 5568 formed bullish pattern,
Today trading our retracement level,
we can buy above 5602 and tgt 5775
SL: LIVE
#ULTRATECHCEM POSSIBLE TO BUY
#ULTRATECHCEM trading 5568 formed bullish pattern,
Today trading our retracement level,
we can buy above 5602 and tgt 5775
SL: LIVE
#MUTHOOTFIN POSSIBLE TO BUY#MUTHOOTFIN trading 1070 formed bullish pattern,
Today trading our retracement level,
we can buy above 1075 and tgt 1100
SL: LIVE
#ULTRATECHCEM POSSIBLE TO BUY#ULTRATECHCEM trading 5700 formed bullish pattern,
Today trading our retracement level,
we can buy above 5775 and tgt 5895
SL: LIVE
#ULTRATECHCEM POSSIBLE TO SELL#ULTRATECHCEM trading 6873 formed bearish pattern,
Today trading our retracement level,
we can sell below 6850 and tgt for 6800
and positional tgt 6750
follow SL 6950
#ULTRATECHCEM POSSIBLE TO SELL#ULTRATECHCEM trading 6882 formed bearish pattern,
Today trading our retracement level,
we can sell @6880 and tgt for 6840
follow SL 6943
ShortTerm CounterTrend Short Sell Setup In Short term Ultracemco has been falling on profit booking and got support around 7390-7430 and resumed its Long term uptrend but somehow its failed to cross its previous high and met with heavy selling pressure Today at higher levels. On Monday, 16th Aug, if it fails to resume its long term uptrend, and if again start falling, then Short sell Ultracemco below Today's Low i.e., 7445 with SL 7550. If it resumes its uptrend and crosses 7550, then buy strictly above 7600.
3-Digit Gann roadmap for Ultracemco is:
677 690 703 716 729 743 757
4-Digit Gann roadmap is:
7225 7268 7311 7354 7397 7440 7483 7526 7569
Disclaimer :
Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your analysis before taking any trades given by me. I MUST not be held responsible for any profit or loss out of any trades you take on our advice. All Disclaimers Apply.
Ultratech CementStock is at interesting place.
Currently near Trendline Support.
Staying below 6137 weakness will come.
Although near support but avoid going long. Till we get some confirmation.
Stair Steps Pattern | ULTRACEMCO 🎯The stair steps pattern overview
The stair steps pattern forms along with the trend .It shows an uptrend where the price rises and falls abruptly. The graph reminds the stairs, thus a name of the pattern
In the uptrend, you may notice long consecutive bullish candles. Then, the price adjustment takes place and the cycle starts all over again. The price correction areas create new levels of resistance which soon will be broken again so the uptrend continues.
Best of luck!
