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ULTRATECH CEMENT LTD
Updated

Inverse head and shoulder pattern on Ultratech Cement charts

524
ULTRACEMCO

Formation of inverse head and shoulder pattern

Current Price - 7237

  • Target 1 (diff from left shoulder) - 7650 - remaining upside 413 (5.7%)
  • Target 2 (diff from right shoulder) - 7825 - remaining upside 588 (8.1%)
  • Stop Loss (low of last candle) - 6863 - downside risk -374 (-5.1%)


Disc - invested, for educational purpose only.
Trade closed: stop reached
shridharrathi
Also on:
educationalpostshead_and_shoulderHead and ShouldersheadandshouldersformationInverse Head and Shouldersinvertedheadandshoulders

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
educationalpostshead_and_shoulderHead and ShouldersheadandshouldersformationInverse Head and Shouldersinvertedheadandshoulders
shridharrathi
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.