Ultratech Cement - Moving up nicely. My target for this: 9000-9100.
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
More from The_Chartist 📈
We still haven't got any signal of negation in the private banks' index & if the bearish H&S top has to be negated, the index has to move past 19950. Till then, it will be considered a minor pullback
Nifty Private Bank https://t.co/BwG1DKhhLc
Nifty Private Bank https://t.co/BwG1DKhhLc
I am watching a big bearish H&S top building up in Nifty Private Bank Index. Any breakdown will result in increased volatility in respective charts. For traders - definitely not a spot to be in. The index has to move beyond 19900 to negate the pattern. pic.twitter.com/IGFeyNrtQV
— The_Chartist \U0001f4c8 (@charts_zone) June 19, 2022
More from Ultratechcement
I think Ultratech cement is worth tracking..Would be interesting if we get a hammer and this weeks closing above 5630..200wema + 61.8% fibo..@shivaji_1983 https://t.co/CtNCfQ6yXX
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.