ULTRACEMCO trade ideas
ULTRACEMCO 1DAfter a BO ULTRACEMCO gave nice pullback now consolidating, can give continuation of upmove above 4000 for a target of 4200++
Appreciate if you like the idea ...
UltraTech Cement price at Supportprice flipped the resistance and now trading above .
we need good bounce from this zone when market open , if we bounce from here ready to buy below 4050
will enter at retest only
ULTRATECHCEM INTRADAY LEVELS TOMORROWULTRATECH CEM CO. WILL BE RELEASING RESULTS TOMORROW. LEVELS AS PER CHART
ultratech 23rd june 2020 last day its in a range in last couple of hours (3386-3815)
if breakout happens than our levels are
buy above- 3836 tgt-3848/3855/3862/3879/3891/3900
sell below- 3815 tgt-3799/3784/3767/3750
Please do ur own analysis before trade.
This is only for education purpose.
Ultratech Cement Trading Setupprice can touch the lower support if this support hold and sustain than we can see a good uptrend in this stock
if support not hold than we can go down from here
Cup and Handle with Triangle pattern (Can go Long)SL 3662
Target 1: 4200
If it breaks the triangle it may go much higher.
Please provide your thoughts on same.
For Swing trade Breakout with volume ...validate only for this week 01.06.2020
entry 29.05.2020 candle high
ULTRATECH CEMENT-MAKE OR BREAK STAGEULTRATECH CEMENT currently holding the fort near the highs made on 15th april but will it sustain this as this resistance was too much for the stock last time.I will be initiating a buy only if we get a closing above 3725 as that is the level that will give me 100% confidence on this trade but if it fails to sustain and closes below 3500 its a clear sell for a target of 3300/3250.
ULTRATECH LONGResults are good and can be a long candidate above 3674 as a support for a target of 3812 and 3860
ULTRATECH CEMENT | ANALYSISIt seems to be forming a bearish bat now that the resistance at 3666 has been broken.
- I'm long from here until the red box. Where i will go short till 38.2% retrace.
Ultratech cement good shorting candidateultratech cement is trading around resistance zone can see reversal from this levels,,
view gets negated above 3650 levels
ULTRACEMCO | AnalysisChart explains it all.
-Ascending triangle with a desceding channel within, pointing to a short term target of 3650 before a retrace.
- Will Update when required.
-Kautilya.K
Expiry Strategy: Sell 3700 Call @15. Lot size 200Trend continued to be negative as 20 day EMA stays below 50 day EMA. Recently found a reversal below 38% retracement level. Expect it would expire below 3700 level in Apr series. Sell 3700 Call.
