ULTRACEMCO

Price Action !!!!!!

The price action of

on the daily chart shows a continued uptrend since March 2025, marked by higher lows and a clear upward trendline; however, the stock recently faced resistance near 12,750 and has retraced to 12,397, testing key support levels at 12,250 and 12,138, with a further strong support at 12,000, suggesting that a breakdown below these levels could signal weakness, while a bounce can sustain the bullish momentum