Ultratech cement just breaks the multiyear high price on weekly chart. The stock has attempted to break this high price (4450) in 2017, 2018, 2019 and 2020. The stock has attempted several times to break this high price but suddenly start falling after touching this multiyear high price. Now, stock is in a good momentum this time which outperform the NIFTY and supported by high volume. My First Target is 4850 with stop loss 4200 and conservative trader book their profit after first target but aggressive trader hold stock and review the stock near Mega breakout. After all time high price breakout my second Target is 5850 and third target around 6400 with stop loss of 4400. The company is fundamentally very strong and provides good numbers in the past. The management (Birla Group) has proven track record of honesty, integrity and efficiency.