UCLQF trade ideas
Bearish breakout in UltraTech CementsUltratech cement breaks below a consolidation pattern with a widespread price bar closing near the low price. Notice the break in the rising trend line which also adds to the bearish scenario.
Short at CMP : 4502
Target : 4350
StopLoss : 4574
ULTRATECH CEMENT 15MIN INTRADAY LEVELSTHIS IS SIMPLE CHART
THE INFORMATION IN MY IDEAS IS PROVIDE FOR EDUCATIONAL OR INFORMATION PERPOSES ONLY.
THIS IS NOT FINANCIAL ADVICE.
ENJOY SOME PROFITS
MAKE SURE TO HIT THE LIKE/SUPPORT FOR MORE
THANKS A LOT
WISE YOU SUCCESS
#ULTRACEMCO CASH : STRONG SUPPORT AT 4530-4535#ULTRACEMCO CASH
06 JUNE 2019
STRONG SUPPORT AT 4530-35
ULTRATECH - H&S"SHORT" IS THE BEST STRATEGY, IRRESPECTIVE OF BLUE OR RED NECK LINE.
YOUR COMMENTS PLEASE.
Ultra tech Cement Shorting level 4470 - 4500 Target - 4400- 4Ultra tech Cement Shorting level 4470 - 4500
Target - 4400- 4350- 4300- 4200- 4150+
CMP 4420 all cash levels (Only for Education purpose)
#ULTRACEMCOBoxBO
CCI (W) crosses 100
TGC
Volume Surge
Target 5255
Duration: 3 months
Enter on retracements
ULTRACEMCO inside bar trade Long if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
SELL ULTRACEMCO BTWN 4600-4700 STOPLOSS 5300 TARGET 4300-3500#ULTRACEMCO TRADING IN CHANNLE RANGE RSI LOOKING OVERBOUGHT BEARISH DIVERGANCE.
@Disclimer:- Make Own Research Before Take Action in Recos This Post only For Education Purpose Only
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Thanks !!
SHORT Ultratech Cement on rise 4650-4690 Stoploss 4765Classic Butterfly Bearish pattern on Ultratech and also long run as per time cycle also it will go down for next quarter and give at least 900 point move.
Ultratech cement still bearish viewUltratech cement still bearish i believe. If not news driven. Also Nifty could be bullish tomorrow. Yet Ultratech is in overbought zone now.
ULTRATECH CEMENT: Triangle Breakout!After more than a year of consolidation, ULTRATECH CEMENT finally appears to have broken out its triangle consolidation. Its certainly worth checking if this breakout is sustainable and then enjoy the long ride. Expect 1000 points move on a good breakout!
Ultratech cement grab for wave 4will break the channel triansient for false breakout and return for wave 4
target will update
UltraTech Cement Ltd | Trade Nivesh Trade Nivesh UltraTech Cement Ltd. was observed to be priced at Rs. 4650 which was an increase of 199.5 points from the day's opening price while a change of 255.35(5.81%) points was also observed from the previous trade.
Side ways Corrective Trend This scrip after hitting the ATH have moved in Side way corrective pattern ,
1) it made and Side way corrective pattern consisting of 3 waves as 3,3,5 pattern which i am referring as Wave (W)
02) Currently its making 3 wave pattern of 3,3,3 which i am referring as wave (X)
03) If the ATH is tagged and price reverse i am Looking an deep sharp impulse leg down which will be again in 3 wave corrective pattern
which i am expecting it will not brake its previous impulse leg low , once this correction completes i am looking an Continuation of Impulse move for Next high
One can look for trading as per direction currently drawn in the chart
