Ultratech Cement Weekly update 7/JUN/24

ULTRATECH Cement is following a trend line from few months.

A strong resistance of 10500 crossed could plan for a buy in Daily Timeframe.

Weekly RSI showing the Hidden bullish divergence. The move is going to start.

Monthly RSI > 60.
Weekly RSI Crossed above > 60.
Wait for DAILY RSI to close above > 60.

As the DAILY TIMEFRAME in action could look for a Pullback opportunities on 10EMA.

Happy trading