ULTRACEMCO - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.1

Here’s a detailed technical analysis of UltraTech Cement Ltd (ULTRACEMCO)

📊 Trend Overview

Current Trend: The stock is in a strong uptrend, trading near its 52-week high of ₹13,102.

Price Action: Currently at ₹12,626, above both the 50-DMA (₹12,423) and 200-DMA (₹11,783), confirming bullish momentum and trend strength.

📈 Momentum Indicators

RSI (53.5): Neutral to mildly bullish. Indicates steady momentum with room for further upside.

MACD (27.9): Positive and above the signal line, confirming bullish crossover and continuation.

Volume: Slightly below average (1.95 lakh vs 2.03 lakh), suggesting stable interest but not breakout-level enthusiasm.

📉 Moving Averages

Indicator Value (₹) Signal

50-DMA 12,423 Support

200-DMA 11,783 Strong Support

Current Price 12,626 Above both DMAs

📌 Bollinger Bands

Price is near the upper band, suggesting strong momentum but potential short-term resistance.

A breakout above ₹12,800–₹13,000 could trigger a rally toward ₹13,200+.

🧭 Support & Resistance Zones

Immediate Support: ₹12,400–₹12,450 zone

Major Support: ₹11,800–₹12,000 zone

Immediate Resistance: ₹12,800–₹13,000 zone

Major Resistance: ₹13,100–₹13,200 (52-week high), then ₹13,500+

🎯 Entry & Exit Zones

Optimal Entry: ₹12,400–₹12,500 (on pullback with MACD confirmation)

Exit Zone: ₹13,100–₹13,200 (first resistance), ₹13,500+ if momentum sustains

🔍 Conclusion

ULTRACEMCO is trending upward with solid MACD and RSI signals. Price action above key moving averages confirms bullish sentiment. A breakout above ₹13,000 with volume could signal further upside, while a pullback to ₹12,400–₹12,500 offers a favorable entry. The stock remains in a bullish trend with mild consolidation near resistance.

Would you like a comparison with other cement majors like Shree Cement or Ambuja?

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