ULTRACEMCO - Technical Analysis
Last Updated Time : 02 Aug 25, 12:58 am
Back to Technical List📊 UltraTech Cement Ltd (ULTRACEMCO) Technical Analysis
Technical Rating: 3.9
📈 Chart Patterns & Trend Status
Trend Status: The stock is currently consolidating near its 52-week high. Price action shows a pause in upward momentum, with candles forming a tight range between ₹12,100–₹12,300.
Trendlines: Price is holding above a rising support trendline from the ₹10,000 zone, but facing resistance near ₹12,700.
📉 Moving Averages
50 DMA: ₹12,025 — Price is slightly above, indicating short-term bullish bias.
200 DMA: ₹11,470 — Price is well above, confirming long-term strength.
SMA/EMA Alignment: Price is trading above all major SMAs and EMAs, supporting a bullish structure.
📊 Momentum Indicators
RSI (49.8): Neutral zone — no strong momentum signal.
MACD (105): Positive and above signal line — mild bullish momentum.
Stochastic Oscillator: Near 50 — confirms consolidation.
MFI (~75): Approaching overbought — caution for short-term entry.
📉 Bollinger Bands & Volume
Price Position: Near upper band — suggests limited upside unless breakout occurs.
Volume: Slightly below 1-week average — indicates reduced participation or indecision.
📌 Support & Resistance Zones
Level Price (₹)
Support 1 12,025
Support 2 11,850
Resistance 1 12,365
Resistance 2 12,714
Breakout Target 13,200–13,500
These levels are derived from pivot points and Fibonacci retracements
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2
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🎯 Entry & Exit Strategy
Optimal Entry Zone: ₹12,000–₹12,050 (near 50 DMA and support)
Exit Zone (Short-Term): ₹12,650–₹12,700 (resistance zone)
Stop-Loss: ₹11,850 (below key support)
🧭 Final Take
ULTRACEMCO is in a sideways consolidation phase with a bullish undertone. While long-term indicators remain strong, short-term momentum is neutral. A breakout above ₹12,714 with volume confirmation could trigger fresh upside. Until then, range-bound trading is likely.
Want to explore how it compares with other cement stocks or dive into its fundamentals next?
1
www.moneycontrol.com
2
www.topstockresearch.com
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