#ULTRACEMCO (daily)
- Breakout from supply zone.
- Trading All time high
- Strong Bullish trend with HLs
- Strong fundamentals
- Buy above 7100
- Stoploss 6685
- Target 7400/7750/8100/8500+
#Positional
More from Himanshu Chauhan
More from Ultratechcement
6.857% ....7135
#Observation
#ULTRACEMCO
— MaRkET WaVES (DINESH PATEL ) Stock Market FARMER (@idineshptl) April 8, 2021
1st image.
6.857% is at 7135. Sustain above this upside projection for long term perspective 11425-18401-29182.
2nd image show current trend Probabilty
#Fibonacci
#Retracement
#Extension
#wave principle pic.twitter.com/Jo5kZ5S0gg
Cement companies are now is good buying zone for long term investors. Downside may not be more than 10-15% at max. Valuations extremely attractive.
— Sandeep Kulkarni (@moneyworks4u_fa) June 8, 2022
As far as I remember cement business has always been a cartel for atleast past 20 yrs.
SL 7650 https://t.co/KKnf6a6xlH
Nifty 100 stocks near BO or a few % up/down from BO levels:
— The_Chartist \U0001f4c8 (@nison_steve) September 2, 2021
1. Ultratech Cement
2. Reliance
3. Nestle
4. Abbott India
5. ICICI Lombard
6. IGL
7. Indigo
8. LT
9. Muthoot Finance
10. United Spirits
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