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...
The largest and most prosperous cement company of India- Ultratech Cement is expected to have more upside of 30-40% from current levels as the weekly wave counts suggest.
To put it in very simple words without using too much of Elliot wave jargon, the next leg up is unfolding now which can be projected going somewhere closer to 9200.(the current wave structure...
ATTENTION ALL CRYPTO GAMERS!!! Best gaming chart right now!
ULTRA UOS is a Gaming platform launching their Gaming Market Place April 25th, just announced 3 days ago, already has started to Rip. This chart is on the weekly, feel free to download it to your TradingView, we'll follow together. I see points of intrest $0.50c and $0.70c
I see All indicators...
Ultratech Cement is looking in a good momentum on up side, also it has done breakout of flag n pole chart pattern in daily time frame along with good intensity of volume, along with trend indicators confirmations, overall it looks good candidate to go long, all the key levels are mentioned in chart with Stop-loss and Targets.
All the key levels are mentioned in...
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.
A clear downtrend though profits increased 48% YOY and company declares Rs. 38/- dividend.
Today's big volume spike shows retail traders jumped in because of positive news, sadly they got trapped.
Its better to stay away from this now.
Still bearish continuation is shown by strong bearish divergence in RSI.
Accumulation zone is around 4600-4800 levels.
Short...
Is It Right Time To Buy/Sell …. ?
Welcome To This Analysis About Ultratech Cement, We Are Looking At The Daily Time Frame Perspective. As I Discovered Recently In My Analysis Is Ultratech Cement Reached/Trading Nearest There Diagonal Support, And Price Finding Support At Its 50-day Exponential Moving Average And As Looking At My Chart We Can Watch There...
