π Script: ULTRACEMCO (ULTRATECH CEMENT LIMITED)
π Nifty50 Stock: NO
π Sectoral Index: NIFTY COMMODITIES
π Sector: Commodities, Construction Materials
π Industry: Cement & Cement Products
π On a weekly chart stock has given trend reversal signal on 20th June 2022 and started moving towards its resistance zone which is 6915.
π In future candle is giving closing above 6915 one can take swing trade on ULTRATECH CEMENT LIMITED.
π MACD is already in crossover.
π Double moving average is moving towards crossover in future.
π Right now RSI is around 57.
β Entry above 6915
π’ Target π―π - 7600
β οΈ Stoploss β οΈπ« - 6614
β οΈ Important: Always maintain your Risk & Reward Ratio.
β Like and follow to never miss a new idea!β
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
π Nifty50 Stock: NO
π Sectoral Index: NIFTY COMMODITIES
π Sector: Commodities, Construction Materials
π Industry: Cement & Cement Products
π On a weekly chart stock has given trend reversal signal on 20th June 2022 and started moving towards its resistance zone which is 6915.
π In future candle is giving closing above 6915 one can take swing trade on ULTRATECH CEMENT LIMITED.
π MACD is already in crossover.
π Double moving average is moving towards crossover in future.
π Right now RSI is around 57.
β Entry above 6915
π’ Target π―π - 7600
β οΈ Stoploss β οΈπ« - 6614
β οΈ Important: Always maintain your Risk & Reward Ratio.
β Like and follow to never miss a new idea!β
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Trade active:
KEEP AN EYE TRADING AT RESISTANCE LEVEL... WAITING FOR BREAKOUT..