ULTRACTECH CEMENT..cement with this ultra trade Good break out into a new price range..should shoot up...
ULCL1 trade ideas
#Ultratech cement (INVERTED H and S PATTERN)THE ULTRACEMCO is forming inverted head and shoulders pattern in higher time frame. The price breaks above its important resistance level as well as its trend line. Showing potential longing opportunity in upcoming trading sessions on the retest of neck line.
Ultratech Cement Ultratech Cement is looking in a good momentum on up side, also it has done breakout of flag n pole chart pattern in daily time frame along with good intensity of volume, along with trend indicators confirmations, overall it looks good candidate to go long, all the key levels are mentioned in chart with Stop-loss and Targets.
All the key levels are mentioned in chart with Stop-loss and Targets
Chart pattern flag n pole breakout on daily time frame
Macd in daily positive crossover and Uptick and also above zero line
Macd in weekly positive and Uptick
Rsi in daily above 60 uptick
Rsi in weekly uptick and also above 60
Upper BBC in daily
Dmi adx also positive
RK buy signals
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My studies are Educational purpose only
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Please consult your Financial advisor before trading or investing
Stock with Cup and handle breakoutThe Scrip is breaking out from a Cup & Hadle pattern and weekly chart the stock is breaking out from a Inverted HnS pattern. keep this in radar.
ULTRARECH CEMENT Has formed an inverse head and shoulder patter.Invers head and Shoulder pattern Breakout
Small SL and Small targets can be achievable.
Ultratech cementINV> H & S on Weekly chart CMP 7077.Seems good for the target of 8000++. Week below 6000.
Ultratech cement Long Position Ultratech cement Daily gate Head & Shoulder breakout. Long position in Daily gate.
Ultratech Cement H&SUltratech Cement . Higher Low formation will be confirmed after breakout of 7060. Supported by Inverted Head & Shoulder Pattern.
Medium Term Targets : Green Line
Stop Loss : Red Line
Head and shoulder patternI found the Head and shoulder pattern in ultratech cement. Study it,plan it and trade it.
Ultratech cement ! hourly timefram chart of ultratech cement in which strong resistance zone is 7070 and it is also taking support at trendline so below 6760 we can think to short this stock
important level are 7060 and 6770
ultra techbasically the company is good due to season sell market fall all details in chart fallow for more details ,inverted head and shoulder and also cup and handle so need to watch then inverse
Ultratech cement hey traders this is daily chart of ultratech cement this is making head and shoulder pattern on daily chart if it cross 7060 and sustain above this level for some time then it can be bullish
but if reject from here then it falls down
short below 6780
Ultratech Cement Rounding Bottom formation.*Ultratech Cement*
Time Frame: Daily
Observation:
* Rounding Bottom formation.
* Supply Zone Breakout
* Swing High Breakout
Resistance/Target: 7675 8675 9678 10291
Support: 6402 6060
Ultratech cement Breakout of reverse head and shoulder a stock is ready for the breakout of reverse head and shoulder pattern on the charts of ultratech cement. And there is a huge buildup near the neckline area. Buy Between 6900-7000 and keep a stoploss of 6650 for the targets of 8000-8200.This stock is above all the important exponential moving averages.
TRENDLINE BREAKOUT IN ULTRACEMENT Everything is already explained in chart Trade according to levels mentioned in chart
ULTRACEMCOULTRACEMCO cmp 6893
An IHS pattern can be seen,
Above neck line, tgts can be 7800/8500
Vedang :)
Chart is for Study purpose only!!!
Ultratech cement - positional long ideaVery simple chart, speaks for itself. Buy at cmp and add more on dips. Hold for 9000 targets. I think target should come in next year.
ULTRARECH CEMENT Has formed an inverse head and shoulder patter.ULTRATECH CEMENT has formed an inverse head and shoulder pattern and it is about to give a breakout after that we can plan for an entry.
#ULTRACEMCO Weekly Major Support & Resistance Levels.Providing Weekly Support and Resistance levels for next coming week based on Central Pivot Range and its major support & resistance levels of week, where price can take support and face resistance. Three black lines indicating weekly Central Pivot Range. Previous week high & low also performs as a major support and resistance levels. Can take long & short positions according to how price perfoms at particular given support & resistance levels.
Preparing for inverted HnSThe scrip is in inverted HnS and Left Shoulder and head is formed, Now the scrip is bouncing back with double bottom and breakout. in daily chart and hourly chart its trading above resistance of double bottom breakout.
keep the stock in radar.
Testing the treandline/neckline with Inverse head and shoulders In weekly timeframe, there is an Inverse H&S pattern formed from Feb'22 till now..
it looks good in consolidation btw 5200-6900 range by taking historical support treandline at head bottom.( EMA 20/50/100 is around shoulder bottom -- ~6400 as immediate support too)
So, this month would be key to get sustain around neckline and breakout towards 8500 range for next 6-9 months.
Note: this is just educational purpose and not for recommendations at all.
Classic Chart Pattern.Ultratech Cement - Gave a breakout of this kind of inverted head & shoulders pattern but but but, with no volume confirmation. You can yourself look at the next candles now.
