ULTRACEMCO, Breakout, Pullback & Continuation
ULTRACEMCO has given good bullish closing on Friday. It broke from yellow TL few weeks back but never made any good movement. Now it has done pullback to TL and bouncing back. 3650-3674 is resistance area for this stock as highlighted in blue, if it sustain above 3670 - 3675, then can give good move on Tuesday.
If market turns out strong on Tuesday then it will one of the high probable trade.
Price action is very simple to understand and main focus is price/patterns. Keep your chart clean and free from indicators, follow same process daily to get good results.
If you wish to learn simple price action trading process (strategy seekers kindly excuse), kindly reach out.
Request your support by liking/commenting on ideas submitted.
If market turns out strong on Tuesday then it will one of the high probable trade.
Price action is very simple to understand and main focus is price/patterns. Keep your chart clean and free from indicators, follow same process daily to get good results.
If you wish to learn simple price action trading process (strategy seekers kindly excuse), kindly reach out.
Request your support by liking/commenting on ideas submitted.
For high probable picks, join t.me/EquityResearch_PAC_bot
Main TG t.me/priceactionchart
Automated TG : t.me/PriceActionChart_TechHub
Only way to succeed in stock market is by learning Price Action.
WhatsApp : 9717077198
Main TG t.me/priceactionchart
Automated TG : t.me/PriceActionChart_TechHub
Only way to succeed in stock market is by learning Price Action.
WhatsApp : 9717077198
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