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Ultratech Cement

Discussion in 'Technical Analysis' started by sanjay_sansanwal, Aug 11, 2012.

  1. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Dear,
    Shabbir What is ur view on ultratech cement.
     
  2. shabbir

    shabbir Administrator Staff Member

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    Bullish with a stop loss of 1550
     
  3. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Ditto I was thinking but confuse becuase of Rsi showing overbought from long time although I never consider rsi that is why I consult to u.
    Now I am confident and 1 thing u must see the chart is just like wockhard only difference is resting time and rsi.
     
  4. shabbir

    shabbir Administrator Staff Member

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    Yes but cements perform only in certain time of the year and Wockhardt is more of pharma that performs when rest of the market dont
     
  5. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Bought @ 1680 with stoploss of 1550
     
  6. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Ultratech is rocking.
     
  7. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Zooming very quickly.
     
  8. m_padmakumar

    m_padmakumar Member

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    Bought @1848 on 20th Sep. Sold 40% today @1983
     
  9. shabbir

    shabbir Administrator Staff Member

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    Great going buddy :D
     
  10. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Good going, I have booked 2 times and holding for my final target.
     
  11. sujan4bw

    sujan4bw Member

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    Great going
     
  12. viraf53

    viraf53 New Member

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    Bought ultratech cemenst at 1880 and waiting for target of 2300 in year's time. My trailing stoploss will be 6% below closing price.