ULTRATECH CEMENT bullish setup - positional trade

Updated
ULTRACEMCO has showed good strength on weekly chart by taking support at the channel median as well as 13 weekly average.

Positional traders can buy at CMP

T1: 4750
T2: 5000

SL: 4150
Trade closed: stop reached
There was a spike yesterday due to election results where we got stopped but market bounced back in no time!
Trade active
Same setup still holds good
Chart PatternsTechnical IndicatorsTrend AnalysisULTRACEMCO

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