Ultratech Cement | Ascending triangle breakout

Ultratech cement has given a breakout from its ascending triangle formation on 12th July 21. Although the volume isnt good enough, one can enter while the previous resistance is tested. 1:3 reward can be the target as it is an all time high breakout. stop loss under the break out candle (6840). Target 7890.


Sharing this for educational purpose only

Wyłączenie odpowiedzialności