$ULTRACEMCO Technical Analysis

The chart of $ULTRACEMCO showcases a clear uptrend, with price consistently respecting an ascending trendline from March 2025 onwards. Recent price action reveals a bounce after testing the trendline around ₹12,000, suggesting ongoing bullish momentum and buyers defending this support level. Volume on notable up-days remains steady, reinforcing the view that the uptrend is intact as long as prices stay above the trendline and avoid a breakdown below recent lows