Ultratech Cement Has made a Shooting Star Candlestick Pattern at the Top of Weekly charts and RSI (14) also showing negative diversion.

Weekly Chart

On Daily Charts of Ultratech Cement, Rising wedge was broken and there is also an RSI (14) Negative diversion.

Daily Chart

Now, Looking at the patterns made ON Weekly & Daily Chart I’m Expecting a short-term correction to the levels of 4100-3900 range.



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