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Stock analysis UltraTech Cement Limited ULTRACEMCO

More indepth analysis on MunafaSutra.com

Moving Averages for UltraTech Cement Limited

  • 5Day Average: 9795.96
  • 12Day Average: 9620.66
  • 20Day Average: 9736.09
  • 50Day Average: 9765.14
  • 100Day Average: 9858.84
  • 150Day Average: 9398.99
  • 200Day Average: 9123.72

ULTRACEMCO Indicators & signals

Indicator MACD (12,26,9)

9725.38, 9717.89, -36.05
Indicator MACD is in positive zone

Indicator ADX (14)

40.34, 35.99, 15.3
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 51
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ULTRACEMCO UltraTech Cement Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
30 Tue Apr 2024 9971.85 9911.35 to 10180.00 0.07% 1.87 times
29 Mon Apr 2024 9964.45 9743.05 to 10011.00 2.72% 1.95 times
26 Fri Apr 2024 9700.90 9646.90 to 9777.00 0.18% 0.64 times
25 Thu Apr 2024 9683.75 9560.05 to 9706.00 0.26% 0.96 times
24 Wed Apr 2024 9658.85 9542.80 to 9686.80 1.31% 0.77 times
23 Tue Apr 2024 9533.55 9522.00 to 9625.00 -0.33% 0.76 times
22 Mon Apr 2024 9565.25 9456.10 to 9590.00 2.15% 0.67 times
19 Fri Apr 2024 9363.95 9250.00 to 9400.00 -0.2% 1 times
18 Thu Apr 2024 9382.75 9340.80 to 9526.80 -0.86% 1.41 times
16 Tue Apr 2024 9463.80 9351.00 to 9494.95 -0.45% 1.32 times
15 Mon Apr 2024 9506.25 9486.60 to 9617.90 -1.52% 0.53 times
12 Fri Apr 2024 9652.55 9610.00 to 9850.00 -1.68% 1.06 times

Technical analysis forecast of UltraTech Cement Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in UltraTech Cement Limited ULTRACEMCO at this time. Stock is rising and might rise more.

It appears as if UltraTech Cement Limited ULTRACEMCO gave a large move recently.

Stock of UltraTech Cement Limited (ULTRACEMCO) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of UltraTech Cement Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if UltraTech Cement Limited stays above 9925, but if it comes below 9925, then a intra day sell could be more profitable.
If you take a sell trade below 9925, then use 9925 as stoploss and 9712.98 as target. However if you take a buy trade in UltraTech Cement Limited, then use 9925 as stoploss and 10179.4 as target.

More indepth analysis on MunafaSutra.com