ULTRATECH Short...ULTRACEMCO make trend continuation short pullback here keep watch trade safely
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation.
I am not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Hope this idea will inspire some of you! Don't forget to hit the like/follow button if you feel like this post deserves it
UCLQF trade ideas
ULTRATECH CEMENT Uptrend Bounce TradeEntered on 24 July at 4050 with Stop loss at 3783
Update Stop loss - 1 from 3783 to 4137.05 on 8 August
Update Stop Loss - 2 from 4137.05 to 4175 on 16 August
Update Stop Loss - 3 from 4175 to 4200.05 on 20 August
Current Stop loss at 4200.05
In case of hitting Stop loss, confirmed profit of 4200.05 - 4050 = 150.05 points
ULTRACEMCO Bounce Uptrend TradeEntered on 30 Jul 18 on 4230.00 with a stop loss at 3984.30
TSL 0.00% update on 07 AUG 18 from 3984.30to 4137.05
TSL 0.00% update on 14 AUG 18 from 4137.05 to 4174
TSL 0.00% update on 17 Aug 18 from 4174 to 4200.05
Current Trailing Stop loss = 4200.05
In case of hitting stop loss confirmed loss of 29.95 points.
Utratech Cement#ULTRATECH trading at important level stock can 2-4% from the current market price it can down and up. There on chart level at 3980 to 3933 if stock close above 3980 after this stock can move up side of 3-5% in next 4-5 days after the breakout. If stock break level of 3933 than stock can move downside of 5-3% after breakdown.
Sell on Rise This one is Going down heavy , No need to look back , before going down it will try to lure the Retail , Look for selling opportunity in Futures
Bold and strong Financial can sell it once it makes to 4015 stop 200 Points , and hold it , Small retail can wait for 1 Hour reversal and take short after reversal confirmation , hold it by trailing your stop , it will come to 3200 ,
Big W Reversal with Bullish Divergence !Stock has formed big W reversal pattern and showing bullish divergence therefore it looks good for buying at this level. It has broken the short term trend line and RSI (14) is also healthy above 50. One can buy the stock now for a target of 4000 in due course by providing suitable SL.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Ultracem - on the way up?Conservative investors could wait for the inside candle to cross 3725. More adventurous investors could straight away go long. I have gone long. The 3 line Break and Renko on the 30 minutes chart are also looking good.
SL below 3630 Immediate Targets around 300+ points from present price to about 40000. Cement is quite volatile so a trailing SL is a sensible plan. Presently the SL below 3630 makes for a pretty good risk/reward ratio.
Apologies for this cluttered chart but I wanted to pack in as much information as possible.