Ultratech cement on 1h time frame. Broke resistance of 7052 and makes a life time high. Still travelling in a channel but change in volume spotted in buying side. Can put your SL to 6799 and take minimum of 1:2.
Wait for the break out or watch for buying opportunities above 17809 . After days for consolidation finally on the verge of breakout
Can put a strict SL on 17534 and breakeven the trade if price touches 18141 and book near 18643. Potentially a good risk to reward trade.
Time frame- 1H NSE:NESTLEIND
