Missed Breakout of Ultra Cement

由Pranam18提供
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Ultratech Cement has broken out of a rectangle pattern, also known as a Darvas box. I missed the entry opportunity, so I will wait for a retest of the support level, which was previously resistance. If I see any bullish candle during the retest, I may enter.

Also look at the consistency of earnings and revenue.

Always prioritize risk management and proper position sizing to ensure you stay on track towards your goals. While analysis is valuable, it’s important to acknowledge that it may not always yield the expected results. Be prepared to adapt if things don’t go as planned, and maintain a resilient mindset throughout your journey.
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Going as per plan
Chart PatternsULTRACEMCOultratechultratechanalysis

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