ULCL1 trade ideas
UTCement- Intraday Levels Analysis and Prediction for 08.03.2021Points to be kept in mind :
>> Prefer a buy trade only if Nifty is green in its pre-opening session.
>>Maintain Strict Stoploss
>>Learn and trade, Don't trade aggresively.
>> Take this trade only if opening price is equal to previous close or a gap up.
Strong Buy level / Uptrend resumption / Invest Idea #5Buy Zone: 4550 - 4750
Target: Top or 'Hold for new high'
DISCLAIMER: THIS IS ONLY FOR SPECULATION AND NOT AN INVESTMENT ADVICE OR ANY RECOMMENDATION. KINDLY TAKE OWN DECISIONS FOR TAKING RISK IN FINANCIAL MARKETS AND TRADE AT YOUR SOLE DISCRETION.
#ultratech #srs #stocktraderchannel #srsenrique #siddharthsehgal #nifty #niftycommodity
ULTRATECH CEM - FIbo & Multi time frame analysis All The Levels And Patterns Are Marked On Charts, Red Zone Denotes Supply Zone And Green Is For Demand Zone .
Buy near 5615, if 50% of Fibonacci level acts as support. Parallel Channel is marked in 15 mins time frame.
The Indicator Used:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts. - Not Used Here.
2) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
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The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
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thanks for my masters trading panthulu, day trader telugu, and nayan pokarkar.
These are all for educational purpose please consult your financial advisor before investing your hard earned money.
LONG OPPORTUNITY IN ULTRATECH CEMENTREASONS -
1) TRADING NEAR THE ALL-TIME HIGH.
2) HIGHER TIMEFRAME TREND IS UP.
3) WE FOLLOW THE TREND.
4) PULLBACK/DIP TO REJECTION HAPPENED RECENTLY ON A STRONG KEY LEVEL.
5) ALSO TOOK SUPPORT FROM ICHIMOKU CLOUD ON H4 TIMEFRAME.
TRAIL TO COST WHEN R:R - 1:1
KINDLY TRADE AT YOUR OWN RISK.
GOOD LUCK ^^
