Post
tradexpertszz
Stock Bets
๐ข Support Zoneโข โน10,400 โ โน10,600
โข Major double-bottom accumulation base formed in April and October
๐ด Resistance Zone (Neckline)โข โน12,100 โ โน12,200
โข Horizontal multi-month supply band (highlighted in blue)
๐ Chart Pattern
โข Complex Double Bottom / W-Pattern Reversal
โข Formed across a 9-month daily (1D) timeframe
๐ Target Roomโข โน13,800 โ โน14,000
โข Measured depth of the pattern projected upward from the breakout point
๐ Current Bias & Possibility
โข Strong bullish breakout confirmed with current price at โน12,499
โข Likely path involves either direct expansion or a minor retest of โน12,200 before heading higher
Nov 9 8:53 AM
ย ยท ย View Votes
NSE:ULTRACEMCO price when posted: 12,499