The scrip is in inverted HnS and Left Shoulder and head is formed, Now the scrip is bouncing back with double bottom and breakout. in daily chart and hourly chart its trading above resistance of double bottom breakout.
keep the stock in radar.
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...
