Ultratech : Potential Breakout CandidateIt might break out above weekly inside bar plus triangle on daily timeframe
ULTRACEMCO trade ideas
Is It Right Time To Buy/Sell Ultratech Cement Share…. ?Is It Right Time To Buy/Sell …. ?
Welcome To This Analysis About Ultratech Cement, We Are Looking At The Daily Time Frame Perspective. As I Discovered Recently In My Analysis Is Ultratech Cement Reached/Trading Nearest There Diagonal Support, And Price Finding Support At Its 50-day Exponential Moving Average And As Looking At My Chart We Can Watch There Ultratech Cement Is Within This Main Ascending Triangle Formation When Ultratech Cement Stock Has Reverse From This
Support level Then It Has To Continue Bullishly..
But Another Side On Ultratech Cement, Head And Shoulder Pattern Are Looking At The 4 Hrs Time Frame , So There Will Be Chances To Break Down Its Support Level And It Has To Continue Bearishly..
So At This Movement There Will Be More Chances To Ultratech Cement Continue Its Bullish Trend But We Can't Deny To Price Follow Its Bearish Swing So At This Movement My Prediction Is :-
Ultratech Cement Buy :- If Share Price Pushies Up To & Sustain Above Upper Horizontal Line Level 6736, Then It's Most Probably Go for - 6954 (Resistance Level) Our Profit Booking Zone is Between 6925-55 Price Level. And Stop Loss For This Trade Are 6600.
Ultratech Cement Sell :- If Share Price Pushies Down To & Sustain Below Lower Horizontal Line ( Fig-2) Level 6671, Then It's Most Probably Go for - 6544 (Support Level) Our Profit Booking Zone is Between 6599-6544 Price Level. And Stop Loss For This Trade Are 6764.
Ultratech cementUltratech cement is looking very strong and headed towards 7100+ in short term and 7300 in mid term. Watch out for the stock breaking out above 6980 with good volumes.
ultratech cement waiting for breakoutbuy ultratech
1.as not much move in 3 months and consolidating in range
2. last 2 week formed doji
3.taking support on 62% level 6523
4. in uptrend therfore expecting breakout on upside
5. box pattern and also inside it small box pattern
big sl 5940 weekly close below it
small sl below 6525 weekly close
small tgt 6958
above 6958 then 8000
as weekly we are considering therefore be patient and follow price action only
invest only emotion free money
ULTRATECH CEMENT.ULTRATECH CEMENT BUY ONLY ABOVE 6600 WITH TRAILING STOPLOSS 6250...
PRICEWISE CORRECTION IS COMPLTED BUT TIMEWISE IS REMAINING...BUT GOOD TO BUY AT CURRENT LEVELS FOR 3-6 MONTHS
Ultracemco All the key levels are mentioned in chart with Stop-loss and Targets
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
ultratech cement facing resitanceULTRATECH CEMENT TRENDLINE BREAKED UP AND FACING RESISTANCE FROM 6 DAYS ONCE IT BREAKED UP WE WILL GOOD MOVE . ITS ONLY EDUCATION PURPOSE ONLY
ultratech cement its on trendline break ultratech cement is near trend line to break once it was break up we will good movement for upside ,its only for education purpose only.
Breakout of Uptrend, Good Stock for Shorting ULTRACEMCOHello Traders,
Ultracemco Can be short below 6180 Levels.
Breaking a long Uptrend with huge volume and making it a bearish trend.
NSE:ULTRACEMCO
Rising WedgeRising Wedge pattern with confirmed bearish divergence. Can go short with SL above last high structure.
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.
Ultracemco Good morning traders
Ultracemco stock macking filling wage pattern
If this break up side than we can see big move
In this stock
Happy trading to all of you
ULTRATECH CEMENT, Daily Chart.ULTRATECH CEMENT, Daily Chart.
Buy on Dips only...
Buy Zone @ 5050 to 5200 levels
Stoploss 4870
Positional Target: 6000, 6300
Disclaimer
Education purpose only
Consult with your Financial advisor before trading or investing
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
