mmjimm

ULTRATECH Ready for a BULLISH RALLY??!!!

Long
mmjimm Aggiornato   
NSE:ULTRACEMCO   ULTRATECH CEMENT
Chart does show indications for the above opinion.

1. Inverted Heads and Shoulders pattern (both daily and weekly time frame shows it clearly)
2. Cup & Handle pattern in Daily time frame
3. Entry only after a Breakout above the pink trendline !!
4. 1st Target can be depth of cup nearly 900 points.
5. After achieving the target of cup & handle, we can move on with H&S target.

Strict Stoploss must be day candle closing below the breakout candle low.

Note: Just sharing my view...not a tip nor advice !!
Commento:
Still waiting for breakout.
Pink line is major resistance. LET'S SEE
Commento:
Pink trendline resistance broken....good time to enter.
Trade attivo:
Good conslidation and Steady move !!!
Commento:
Bulls still fighting....Formed a bullish harami...
Weekly Breakout candle's high still not tested....
stick with the SL(DAY CANDLE CLOSES BELOW 6905).
Commento:
BULLS MAKING A COMEBACK !!!
Trade attivo
Trade chiuso: stop raggiunto
Declinazione di responsabilità

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