Solomon_King4788

Ultratech heading down .?

Short
NSE:ULTRACEMCO   ULTRATECH CEMENT
Is Ultratech heading down after touching all time high. ?

This stock has be consolidating from past 2-3 months and now finally gave the breakdown with good volume , But wait is it sustainable.?

10000 now looks like strong resistance for this stock and looks like it will further go downwards till 9316 and 9040 as per the fibs retracement level . But over all stock is very bullish

Disclaimer : This post is meant for education purpose do your own research before risking your account
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