ULTRACEMCO trade ideas
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
now ready for swing highbullish view 1- fundamentally result was very well 20% more than expectation
2- technically good support as per trend line
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!!!
DIVERGENCE PRICE ACTION:See all my Publications if it seems to give you both knowledge and profit then only like subscribe and share to your near and dear.
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 ^^
Ultratech { D positional } Stock in uptrend in D - Frame, where it formed a IB near Swing Low. We can bet on both Long & Short depends on how it goes as per price action.
Also, I've marked entries which are also SL vice versa. Please refer chart for rest ...
Go long if open flat or almost flat and cross level Go long if open flat or almost flat and cross level
