ULTRATECH CEMENT LooooooooooooKS GOOD FOR A SWING TARGET 11691 WITHIN 2 WEEKS
10491 was a crucial resistance which has been broken
UCLQF trade ideas
The Beast Swing Trade.Hello Traders.
As we can se That Ulrtatech cement & the overall sector is Strongly bullish & the retracement of the best from the highs are done & we have seen a Good pulback.
Swing trade can be planned out on these best levels & RISK REWARD is also very favorable.
Just keep an eye on it or create a Trading alert on Todays highs . Once it has been Crosses then
Bhagwaan hi Malik hai Iska.
Educational Purpose onl
Happy Trading
Prince
ULTRATECH CEMENT LOOKS WEAK | SELL 10900 - 10800Ultratech cement looks weak at higher levels and we expect to see profit booking towards 10000 - 9770 levels. Sell between 10900 - 10800 and hold for targets until 11300 is intact on the upside.
Sell - Between 10900 & 10800
Target - 10000 to 9770
SL 11300
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
ULTRATECH CEMENT weekly update 15/JUNE/24Hello Traders.
The Beast ULTRATECH comes into the action This week.
The Volume as very active & Break the previous few weeks resistance of 10500 & give a Strong Closing.
The BEAST is set to Give some serious returns best for swing trading & time is now for option buying.
Volatility expansion Confirmed by Bollinger Bands & the Band walk has been Started.
RSI Indicates Super bullishness on higher timeframe as Well.
HAPPY TRADING
Ultratech In a Range After Hanging Man Formations.Hello Traders,
As i have said earlier after this candle formation a possibly pause of Momentum could happen.
Let It accumulate in zone & when its out of the box then go for long.
THANK YOU
HANGING MAN THE BEAST ULTRATECHUltratech Cement is in The strong momentum on Daily Chart as RSI indicates > 70 levels.
A HANGING MAN candle formed during the momentum in Red colour.
As stock opens today with 100+ points GAP UP it was just a Retesting the Gap & creating a Support zone.
Overall stock closes in Positive note.
Probabilty indicates the Momentum could pause for some day & Trade into the box.
Once the stock is out of the box. The Positions to build up.
HAPPY TRADING
HANGING MAN THE BEAST ULTRATECHUltratech Cement is in The strong momentum on Daily Chart as RSI indicates > 70 levels.
A HANGING MAN candle formed during the momentum in Red colour.
As stock opens today with 100+ points GAP UP it was just a Retesting the Gap & creating a Support zone.
Overall stock closes in Positive note.
Probabilty indicates the Momentum could pause for some day & Trade into the box.
Once the stock is out of the box. The Positions to build up.
HAPPY TRADING
SWING TRADE THE BEAST ULTRATECHUltratech Has just Broked out yesterday resistance of 11100 & You can go long with thr option buying.
Because buying needs speeds & currently RSI in super bull zone > 70 levels.
SIMPLE TRADING
HAPPY TRADING
Clear Breakout1. After consolidation, fresh upmove expected in the stock.
2. Historical data suggest the stock gives good momentum after breakout.
3. Entry will be above breakout candle high.
4. Stoploss below breakout candle low with a buffer.
Keep Learning,
Keep Trading.
⚠️Disclaimer: The views expressed here are merely personal opinions. Nothing mentioned here should be considered as advice or recommendation.
Please consult with your financial advisors before making any investment decisions.
Swing Trading Beast UltratechUltratech is in a super bullish zone right now.
Indicates a strong continuation of Trend on going.
1hr time frame RSI holding super bullish zone 70.
Volatility has been contracted & stock Trading at narrow range gives Extra confirmation.
When it breaks 11100 levels could buy a call in ultratech, this stock is at Perfect zone / level where R:R is favorable.
HAPPY TRADING
ULTRATECH DOJI STRATEGYHello Guys.
When ever the New Trend emerges. Those who are late comers / Confirmed comers like me into the trends will look for.
1. Stock is Creating a zone & waiting in the box.
2. Doji is very interesting candle. If it formed between the move has started , this indicates a Trend pause & will continue once the high of the doji is Breached.
3. RSI signal & higher timeframe signals above 60 levels.
4. Bollinger band expanding. Indicates volatility expansion.
5. Volume expansion on breakout candle
Its my own terminology. You can have your Own different.
HAPPY TRADING.
The Beast ULTRATECH in Time ConsolidationI have a Very Bullish view on Ultratech cement As it has been recently breakout 10500 levels.
Which was a of weekly time frame resistance.
It can provide you very Big swings opportunity.
Planning to buy Ultratech Cemco 11000 CE once the stock breaks above the 2 day resistance.
AS this range getting Narrow..
WAIT FOR THE BREAKOUT CONFIRMATION.
Do not fomo. Just wait & watch out.
Happy Trading
ATH BREAKOUTGood volume buildup in daily timeframe.
Breakout of all time high with good volume and good volume build in last couple of candles.
Wait for RSI and price conformation.
NOTE: I do my analysis, do yours before trade.
BUY ULTRATECH CEMENTUltratech Cement Today just given a Breakout of ATH 1550 levels.
Great stock for Momentum option Buy. Wait for the pullback to complete & 10 ema support.
Positions to be Created on successfull pullbacks.
Pullback could occur near 60 RSI levels.
MONTHLY RSI > 60
WEEKLY RSI > 60
DAILY RSI > 60
KEEP this volatile stock in your Watchlist to get the Swing trading Opportunities.
Ultratech Cement Strong UptrendUltratech Cement Strong Uptrend
Seems good Upmove in next sessions.
Not a advice just my view, Use your wisdom and research before buying
Ultratech Cement Weekly update 7/JUN/24ULTRATECH Cement is following a trend line from few months.
A strong resistance of 10500 crossed could plan for a buy in Daily Timeframe.
Weekly RSI showing the Hidden bullish divergence. The move is going to start.
Monthly RSI > 60.
Weekly RSI Crossed above > 60.
Wait for DAILY RSI to close above > 60.
As the DAILY TIMEFRAME in action could look for a Pullback opportunities on 10EMA.
Happy trading
Trendline Breakout in Ultratech Cement RSI above 65 and rising
Trading above EMA50
Volume increasing
5 months of consolidation
Ultratech cement..Bullsh flag pattern Ultra tech is in uptrend and then the bullish flag pattern is broken in weekly time frame, can plan entries by keeping stoploss below the consolidation zone.
ULTRATECH - Inverse H&S pattern This big cement stock is giving breakout of Inverse H&S pattern on daily chart. As nifty has given fresh breakout with huge upside. this cement leader is ready for big move.
ULTRACEMCO | Started with Uptrend after channel breakoutULTRACEMCO | Started with Uptrend after channel breakout
Chart Analysis
1) Channel pattern breakout
2) higher high formation started to appear
Ambuja cement daily timeframe breakout. Ambuja cement daily timeframe breakout. Looking for bullish trend in coming days.
#Ultracemco cash : Looks good above 10200.10#Ultracemco cash -Positional call
23.05.2024
Looks good above 10200.10 and
dips 10075-10100
Stoploss 9750
Target 10600/11000/11400
Cmp 10170.55
