fmcg bearish ..................................................................................................................
holding time one or two Quarters
just observe movement. dont trade
More upside possible
wait for some day to settle above level.
SL and Target mentioned
keep SL at Channel resistance. Target Open, if it went down on monday buy on deep near channel.
might be trading into parallel channel if mondey opening is not gapdown
ULTRATECH cement: cmp 3782 Tgt 3950+ SL 3650-3600 RSI showing NEGATIVE DIVERGENC.E after breakout, Huge upside possible, make sure Volume also has to be HIGH after this.