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Technicals for UltraTech Cement Limited
By MusingTheNews
2026-02-03 21:01
Overall Technical outlook
Price Summary
UltraTech Cement Limited's stock started trading at 12380.0 on 2026-02-02, climbed to 12600.0, fell to 12191.0, and closed 1.25% higher at 12535.0, with 259593 shares traded. Over the previous 52 weeks, the stock reached a high of 12874.0 and a low of 10128.45. Analysts' predictions indicate that ULTRACEMCO's future price will be between 7600.0 and 15410.0, with a mean price expectation of approximately 13719.15.
Technicals
Support and Resistance: With the current price at 12535.0, support is found at 12449.0 and resistance at 12826.0. These levels indicate where buyers might step in at 12449.0, while sellers could limit gains at 12826.0, defining a trading boundary for UltraTech Cement Limited. Support/Resistance for ULTRACEMCO
Aroon: The current state of the AROON is neutral for ULTRACEMCO, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Aroon chart for UltraTech Cement Limited
Bol. Bands: The BOLL BANDS is in a neutral stance for ULTRACEMCO, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Bolinger Bands chart for UltraTech Cement Limited
Parabolic SAR: The PSAR has recently moved from bullish to bearish, indicating a possible market decline. If this reversal aligns with other market trends, it could be a very bearish signal for ULTRACEMCO. Investors should be vigilant and look for additional confirmation before making decisions. Parabolic Stop and Reverse chart for UltraTech Cement Limited
Stochastic: The stochastic indicator reflects the K-line falling below the D-line, while remaining above 80, signaling the potential start of a bearish price move. This suggests that the market may be losing steam, with a possible decline on the horizon. Traders should monitor this development for further signs of a downturn. Stochastic chart for UltraTech Cement Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, with no definitive indication of an upward or downward trend for ULTRACEMCO. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Tripple SMA chart for UltraTech Cement Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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