UltraTech Cement Buy Signal

On Weekly timeframe, we receive a UltraTech Cement Buy Signal on MACD Signal and on Wil%R.
MACD Signal line is about to cross MACD line which indicate a short change in the trend.
The last 5-6 times the MACD Signal crossed, the price went up.
Also Wil%R signal has indicated a bullish signal, as the -50 line has been crossed.

Target for Resistance line around 4800.

UltraTech Cement Buy Signal

UltraTech Cement Buy Signal

Good luck trading.