ULTRACEMCO

167
Key Support Levels
S1: ₹12,450–12,500
S2: ₹12,300–12,350
S3: ₹12,100–12,150 (strong demand zone)
Key Resistance Levels
R1: ₹12,780–12,820
R2: ₹12,950–13,000
R3: ₹13,100–13,250 (major breakout zone)
Trading Plan

Bullish Scenario

Buy only after a strong daily close above ₹12,800 with good volume.
Targets:
🎯 T1: ₹12,950
🎯 T2: ₹13,100
🎯 T3: ₹13,300

Bearish Scenario

If price breaks below ₹12,450, expect profit booking toward:
₹12,300
₹12,150
₹12,000
Swing Trading View
Bias: Bullish above ₹12,450
Stop Loss: Below ₹12,300 (for swing traders)
Watch for volume expansion on a breakout above ₹12,800. A weak breakout without volume has a higher chance of failing.

Disclaimer

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