ULTRATECH in range can give breakout PREMPTING

ultraech cmp 7175
sl 7040
target 7300 : 7530

price fall after result now retrace and consolidating in range. try to fall again but support strong at 7050 on closing basis
therfore can break upside
keep position sizing in control
market highly volatile
breakout has been tested very hard

Note

Note

usually when double doji formed before when doji low or high when cut then strong price action occurs...lets see tomorrow

also double doji effective near support or resistance....otherwise it get failed

Note

sl now todays low dont let profit loose from hand....its good quality stock short term trader keep tight sl

Note

target 1 achieved sl 7260 now for shortetrm trader for 7530 target keep sl of 7170

Note

now learning which is very important....
first doji formed on support
second double doji formed near support
third yesterday....it open gap up comes down and then to remove weak player whole day down and in the end it moved up and formed doji thus again buy signal as trend was up

Note

high made 7400 shorterm trader book profit for 7530 target now sl 7260

Note

now trail sl to 7318

Trade closed: target reached

sl now 7438...near 7500 level our target almost reached keep tigh sl as near whole no. stock retrace very fast...i am closing this trade in profit at 7490

satyam15

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

satyam15