Ultratech Cement Weekly update 7/JUN/24
ULTRATECH Cement is following a trend line from few months.
A strong resistance of 10500 crossed could plan for a buy in Daily Timeframe.
Weekly RSI showing the Hidden bullish divergence. The move is going to start.
Monthly RSI > 60.
Weekly RSI Crossed above > 60.
Wait for DAILY RSI to close above > 60.
As the DAILY TIMEFRAME in action could look for a Pullback opportunities on 10EMA.
Happy trading
A strong resistance of 10500 crossed could plan for a buy in Daily Timeframe.
Weekly RSI showing the Hidden bullish divergence. The move is going to start.
Monthly RSI > 60.
Weekly RSI Crossed above > 60.
Wait for DAILY RSI to close above > 60.
As the DAILY TIMEFRAME in action could look for a Pullback opportunities on 10EMA.
Happy trading
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