Levels for - 04 Oct 2021EXPLANATION: This is a 15 min time frame chart of ULTRACEMCO . The stock has been in a downtrend for days and has formed an Inverted head and shoulders pattern. If stock give a strong breakout and broke its supply zone with volumes and has retested the same. I am bullish on ULTRACEMCO .
If you like this analysis give a Like // Follow for more updates , let me know in comments below :)
UCLQF trade ideas
Levels for - 27 Sep 2021EXPLANATION : This is a 1 hour time frame chart of ULTRACEMCO , It has formed Inverted Cup & Handle pattern breakout & continue down trend . I am bearish on ULTRACEMCO .
If you like this analysis of Stock give a Like // Follow for more updates , let me know in comments below :)
buy ULTRACEMCOmust buy ULTRACEMCO in two positions on a day chart its take retracement now so you can buy at 2 levels first you can buy 7852
when the resistance is brak and taking resistance work as a support and 2 one is when 7675 and 3 must buy when 7614.
don't take any short position in this time frame.
after some time they show us a very big candle and in a one-hour chart diversion going down and stock not going so many downsides and when you see the chart the candle is complete shorter as a comparison before.
if you want to secure yourself completely you can buy only equity