ultratech is moving in a Rising parallel channel and also retesting the symmetrical triangle huge buying is coming in it buy @ 8370-8380 SL - 8045 target - 9075 Risk reward ratio - 1:2 time - 2 months
For all trade on my Auto Harmonic patterns indicator trade setup - Risky trades can take trade after crossing 23.6% on either side and safe traders can take trade after 41% We can start buying when our Trailing SL hit at 23.6% with SL of recent low our Target will be 41%, 78.6% , 127.2% 161.8% and 223.6 % , when reversal pattern appears on chart we have to trail...
NSE:ULTRACEMCO , risking 1.5% in a stock is a good setup to trade, buying at the price of 8150 and making 8050 or 10 points below is the stop loss for the trade, expect the recent ATH to be the target. CHECKOUT SOME PREVIOUS ANALYSIS TO GAIN THE CONFIDENCE TO TRADE.
ultratech cement 1d time frame channel breakout buy @ 8461.70, target @ 8620, 8649, 8712 risk reward 1.5 its just a view trade @ your own risk sl@8285
ULTRATECH looking very bullish from CEMENT sector. It's reached to All time high breakout with triangle pattern. Looking very attractive.
Price was in solid uptrend from last few months and started consolidating in a range from past few days. Today the price brokeout of that range and closed above it with a good volume as well. I expect price to continue to rise further atleast till 8930. Entry can be intiated at CMP. Stop loss below the low of breakout candle.
Ultratech cement at resistance with previous high of 8269 if sustain above this , good move expected Buy, if price closed above Rs 8269-8270 with SL of Rs 8079 Tgt ----- If fails then wait for Sell side for few days.
Make rising wedge chart pattern in 4 hour time fram , price is at 52 week high , take break out at resistance level and make retest at that level , take support of 50 EMA , MACD line and histogram also saw fair value for bullish way so first Target will be 9174.75 and stop loss will be 7825.55 This is for educational purpose not a trading advice so that's my view...
Ultratach Cement Ascending Triangle pattern was formed and inverted head & shoulder is active in this pattern.
Ultratech Cement is the largest cement company in India and 3rd largest cement company in the world (ex-china) and is the largest cement manufacturer in India It is also the only cement producer outside of China to have 100+ MnTPA of manufacturing capacity in a single country , formed inverse Head and shoulder pattern , above 10 , 21, 63 , 100 , 200 EMA , looking...
Hello traders I hope you are doing well.today I am going to share you ultratec cement analysis
1. Rejection From Support Zone 2. Narrowing Channel, Rejection from Upper Channel Break will confirm further action Watch out level at 7000 & 64000, Rejection here means SL to BE or Partial Book. Final Target @ 5450
In my earlier analysis I did not take time factor into account. Decline is inevitable however it may take 3 to 5 months. Not a good stock for investment purpose. All the best Happy trading.
NSE:ULTRACEMCO Strategy: Short The cement manufacturer saw a 36% dip in their consolidated net profit to Rs 1,666 crore for Q4 ended March. Those who bought early, it's a perfect time to book profits. For new entry wait till the price come to the green rectangular box i.e. the ideal buying zone. Never trade a short without a stoploss. *Not a financial...
Ultratech Cement (Short): Buckle up, we are ready for the dive. Note: Do your own due diligence before taking any action.
44 ma support Good entry point Proer stop-loss Target is just for swing treandline breaks and you earn more if you want to hold
after good upmove its is making perfect shoet trade according to the 5 ema and before result it gave good move maybe profit booking can come from this level
Major ABC corrections are going on. We are in wave B which is coming to an end and AN ENDING DIAGONAL PATTERN is on the charts which appear at the time of sharp reversal.