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ULTRATECH CEMENTS made a bullish breakout by closing above its triangle formation.


ULTRATECH CEMENTS


  • Stock moving up from 200 DMA, this will favor short-long term traders.
  • Stock recently comes out from its triangle formation and made a bullish breakout, this will favor bulls.
  • On upper side further price rise can be seen in Ultratech cements once it closes and holds above 2665 and above 2665 will find strong resistance around 2765. Close Watch.

1 comment:

  1. Glenmark Pharma shares fell over a percent after a media report indicated company's Goa facility received Voluntary Action Indicated (VAI) status.
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What is Intraday Tips ?

Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips

.