ULTRATECH CEMENT GIVES BRAKEOUT IN DAILY CHARTNSE:ULTRACEMCO
ultratech cement gives brake out on daily chart
Buy 10330
Sl 9970
Target 11150+
time Duration 1 month
ULC14 trade ideas
Ultratec CementBest Support available @9709 on hourly chart basis. first target is 10200
brokerages suggest to accumulate from CMP 9778 for a target of 10790 on 6-May-2024
Fundamentals are good and delivered good quarterly results.. forecast on infrastructure boost the cement industry up.
May need to roll over the MAY Future Positions to June and July
ULTRACEMCONSE:ULTRACEMCO
Good stock trading in range
Rsi>55
Volume is also average
All Moving Average showing buy
Buy if start trading above range
Target- 10155/10308/10507++++
#7 - ULTRACEMCO 15MOne of the best opportunity we got in the #ULTRATECH CEMENT 15-minute chart using the Eagle Signal Pro v2 indicator.
Got green Buy Signal at 2 pm on 25th Apr and Today at 12.45 pm hit the target.
One of the best long trade opportunity last week.
But unfortunately missed that trade, only could watch the winning
ULTRACEMCO key levelsULTRACEMCO CMP 9600
If ultracemco break 9705
Then the key level is 10029 to 10565
After big correction buying opportunity good in ultracemco
Stoploss 9500
Ultratech heading down .?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
Ultratech possible up moveUltratech possible move soon..price contraction..view invalid if 1 hr candle closes below 9470..pole target around 12070
Rising Wedge breakdown in ULTRACEMCOULTRATECH CEMENT LTD
Key highlights: 💡⚡
✅On 3 HOUR Time Frame Stock Showing Breakdown of Rising Wedge Pattern .
✅Strong bearish Candlestick Form on this timeframe.
✅It can give movement up to the Breakdown target of 9326-.
✅Can Go short in this stock by placing a stop loss above 10082+.
UltraTech Cement should target 10853 after crossing Resistance1-hour chart, the stock is trading mostly in the orange channel towards the resistance line R.
After crossing at around 10025, the target will be 10795 extending to 10853
Consider the Stop Loss (SL) below the bottom line of orange channel
Ultratech CementUltratech cement Looking good if it gives a successful upside breakout. Keep an eye on it
ULTRATECH will hit 10000 ?Ultratech broke the daily, weekly, monthly resistance and showing strong upward movement, will move towards 10000.
Technically strong and awaited result at Jan,2024
5% to 10% Upside Potential
ULTRA Tech CEMENT CO Formed Inside Candle Pattern
NSE:ULTRACEMCO Formed Inside Candle Pattern
Inside Candle Formed on Weekly Chart ..
Either Side Breakdown or Breakout is Possible
the Range is So Important
if Breaks Upside Then Possible Targets Are Marked
if Breaks Downside Then Possible Targets Are Marked
Ultratech Cement Inverted Head & Shoulder Breakout of Inverted head and shoulder
Can Head towards 8200 then 9000
ULTRATECH CEMENT.STOCK IS IN up trend. following 20 ma on weekly TF. Also retesting its ATH. it is a great place to buy this stock. If it makes green candle here. buy after confirmation only
Below 20 MA will be slow. In this trade sl will be very small. Target upside is looking gud.
ULTRACEMCO - Has a Very tight Squeeze ULTRACEMCO - Has a Very tight Squeeze and if there is any BO to the upside we could expect for an Continuation of the rally. This can give a move of 4-6% in a couple of week - IF THERE IS A CLEAR BO WITH HIGH VOLUME'S
Ultratech Cement longthis stock analysis 3 hour chart
this stock complete 1,2,3 or 4 wave
this stock start wave 5 upside stoploss wave 2
ULTRATECH CEMENT- PATHWAY TO 12K AS PER WEEKLY WAVE COUNTSThe 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 technically should be labeled as 1-2-I-II-i-ii-iii-iv-v, which is simply read as Wave v of Wave III of Wave 3).
The inner rising channel boundaries can be used as a pathway until the bigger wave 3 does not complete.
I hope the chart is self explanatory and would not require too much of decoding as to what i am trying to convey.
Note*- this is not a buy/sell recommendation. this post is for educational purpose only.
Ultratech Cement Chart AnalysisStock trading in a range of 500 points
wait for breakout of this range
stock is trading above 200 DEMA
Ultratech double breakout 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
Ultratech cement again ready for 8600+ big moveFor 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 our SL if trailing SL hit exit from long trade and initiate sell trade ,
EXPECT 8% RETURN FROM INDIA's LARGEST CEMENT PRODUERSNSE: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.
