ULTRACEMCO
Strategy: Short
The cement manufacturer saw a 36% dip in their consolidated net profit to Rs 1,666 crore for Q4 ended March.
Those who bought early, it's a perfect time to book profits.
For new entry wait till the price come to the green rectangular box i.e. the ideal buying zone.
Never trade a short without a stoploss.
*Not a financial advice to buy or sell. Only speculations.
My charts speaks louder than words.
I'm a chartist and I paint charts.