radha_23

ULTRATECH CEMENT LIMITED - KEEP IN WATCHLIST

Long
radha_23 Updated   
NSE:ULTRACEMCO   ULTRATECH CEMENT
πŸ“Š Script: ULTRACEMCO (ULTRATECH CEMENT LIMITED)
πŸ“Š Nifty50 Stock: NO
πŸ“Š Sectoral Index: NIFTY COMMODITIES
πŸ“Š Sector: Commodities, Construction Materials
πŸ“Š Industry: Cement & Cement Products

πŸ“ˆ On a weekly chart stock has given trend reversal signal on 20th June 2022 and started moving towards its resistance zone which is 6915.
πŸ“ˆ In future candle is giving closing above 6915 one can take swing trade on ULTRATECH CEMENT LIMITED.
πŸ“ˆ MACD is already in crossover.
πŸ“ˆ Double moving average is moving towards crossover in future.
πŸ“ˆ Right now RSI is around 57.

βœ…Entry above 6915
🟒 Target πŸŽ―πŸ† - 7600
⚠️ Stoploss ☠️🚫 - 6614

⚠️ Important: Always maintain your Risk & Reward Ratio.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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