Technical Trading Idea : Ultratech Cement Ltd For Target Rs.12394 By Motilal Oswal Wealth Management

Ultratech Cement Ltd
Buy Ultratech Cement Ltd CMP : 11546 SL 11200Target 12394 Duration : 2-3 Days
Stock is on the verge of giving symmetrical triangle breakout on daily chart above 11700 marks. It is perfectly respecting 200 DEMA & base is shifting higher. Momentum indicator RSI is giving bullish cross over which may support the ongoing up move.
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