Ultratech Cement Ltd
ULTRACEMCO has witnessed decent correction from the top and currently hovering in a broader range of 3800-4400 levels. It has formed a fresh shorting pivot after the consolidation breakdown and likely to retest the lower band of the prevailing range. We suggest traders initiating fresh shorts as per the mentioned levels.
Sell Ultratech Cement Ltd Futs @ 4050-4070 SL 4130 Target 3900 CMP 4028.70
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