ULTRATECH 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.
Comment:
TRADE IS ON AND THE STOCK IS ROARING AT 3800 WITH GOOD VOLUMES