ULC14 trade ideas
ULTRATECH CEMENTHello and welcome to this analysis
Stock continues to make higher highs and higher lows with rounding bottom formations each time. In the short term it looks set for a flag breakout.
Upside possibility till 7500 and 7900 as long as 7050 is not broken.
Good risk reward set up as it build momentum
Happy Investing
Reverse head and shoulder pattern This stock of weekly chart formed by a head and shoulder pattern and Breakout .
ULTRA Cement Triangle Breakout StrategyHi Friends, As shown in the chart the stock made an triangle pattern. The pattern break their upper resistance level and returning for support at same level. An entry possible with Stoploss of near 6800 and profit target till 8605 (Maximum Width of the triangle pattern). The Reward/Risk also ratio greater than 3 which is good sign of the entry.
A cross confirmation also done with the help of RSI and same as shown in image.
ULTRA TECH BIG MOVE AWAITINGUltra tech reedy for take a support at 6997.40
once it take a support then it fastly reach the targets
so let we watch what happend coming days
ULTRACTECH CEMENT..cement with this ultra trade Good break out into a new price range..should shoot up...
#Ultratech cement (INVERTED H and S PATTERN)THE ULTRACEMCO is forming inverted head and shoulders pattern in higher time frame. The price breaks above its important resistance level as well as its trend line. Showing potential longing opportunity in upcoming trading sessions on the retest of neck line.
Ultratech Cement 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 chart with Stop-loss and Targets
Chart pattern flag n pole breakout on daily time frame
Macd in daily positive crossover and Uptick and also above zero line
Macd in weekly positive and Uptick
Rsi in daily above 60 uptick
Rsi in weekly uptick and also above 60
Upper BBC in daily
Dmi adx also positive
RK buy signals
Most traders treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you....!
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
I am not responsible for any kind of your profits and losses
Please consult your Financial advisor before trading or investing
Stock with Cup and handle breakoutThe Scrip is breaking out from a Cup & Hadle pattern and weekly chart the stock is breaking out from a Inverted HnS pattern. keep this in radar.
ULTRARECH CEMENT Has formed an inverse head and shoulder patter.Invers head and Shoulder pattern Breakout
Small SL and Small targets can be achievable.
Ultratech cementINV> H & S on Weekly chart CMP 7077.Seems good for the target of 8000++. Week below 6000.
Ultratech cement Long Position Ultratech cement Daily gate Head & Shoulder breakout. Long position in Daily gate.
Ultratech Cement H&SUltratech Cement . Higher Low formation will be confirmed after breakout of 7060. Supported by Inverted Head & Shoulder Pattern.
Medium Term Targets : Green Line
Stop Loss : Red Line
Head and shoulder patternI found the Head and shoulder pattern in ultratech cement. Study it,plan it and trade it.
Ultratech cement ! hourly timefram chart of ultratech cement in which strong resistance zone is 7070 and it is also taking support at trendline so below 6760 we can think to short this stock
important level are 7060 and 6770
ultra techbasically the company is good due to season sell market fall all details in chart fallow for more details ,inverted head and shoulder and also cup and handle so need to watch then inverse
Ultratech cement hey traders this is daily chart of ultratech cement this is making head and shoulder pattern on daily chart if it cross 7060 and sustain above this level for some time then it can be bullish
but if reject from here then it falls down
short below 6780
Ultratech Cement Rounding Bottom formation.*Ultratech Cement*
Time Frame: Daily
Observation:
* Rounding Bottom formation.
* Supply Zone Breakout
* Swing High Breakout
Resistance/Target: 7675 8675 9678 10291
Support: 6402 6060
Ultratech cement Breakout of reverse head and shoulder a stock is ready for the breakout of reverse head and shoulder pattern on the charts of ultratech cement. And there is a huge buildup near the neckline area. Buy Between 6900-7000 and keep a stoploss of 6650 for the targets of 8000-8200.This stock is above all the important exponential moving averages.
TRENDLINE BREAKOUT IN ULTRACEMENT Everything is already explained in chart Trade according to levels mentioned in chart
ULTRACEMCOULTRACEMCO cmp 6893
An IHS pattern can be seen,
Above neck line, tgts can be 7800/8500
Vedang :)
Chart is for Study purpose only!!!
