UltraTech: सीमेंट का बादशाह – डीलर प्राइस हाइक से ₹12,800 की पुकार!"

Detailed Technical Analysis: CMP ₹12,367 trades decisively above 5-min pivot ₹11,419 with intraday range ₹11,852-12,367 confirming bullish engulfing candle above immediate resistance ₹11,485-11,551 cluster. Key supports ₹11,353 (S1), ₹11,287 (S2), ₹11,221 (S3) validate structural uptrend with 20DMA ₹11,682 recently crossed higher alongside MA9 ₹11,710 confirming momentum shift. RSI 57-59 zone reflects healthy bullish positioning while StochRSI 1.00 signals extreme oversold bounce completion; MACD +18-22 bullish crossover alongside Williams %R -3 confirms extension potential targeting R3 ₹11,617 then psychological ₹12,500-12,800 extension. F&O OI buildup at 12,200CE/12,500CE strikes validates institutional positioning with PCR 0.59 favoring bulls.

Micro & Macro View: Micro View: Intraday rally validates ₹11,852 structural support bounce above 20DMA with dealer price hikes (+₹200-300/tonne) providing 3-5% near-term margin catalyst; sustain above S1 ₹11,353 targets ₹12,800 extension. Macro View: Cement capacity leader capturing ₹11 lakh crore infra supercycle with grey cement dominance, white cement expansion, and 20% EBITDA/tonne improvement trajectory positioning ₹15,000+ FY28 destination amid urbanization tailwinds. Key News Events & Impact: Dealer Price Hikes (Positive): Multi-state ₹200-300/tonne increases boost margins 3-5%; immediate +4% reaction validates sensitivity. Q3FY25 Results (Jan 22): Volume beat offset realization miss; EBITDA surprise positive for guidance reset. Capacity Expansion: 171MT achieved; Patliputra 2.3MTPA Q4 commissioning adds 1.3% capacity (+ve structural). F&O Positioning: PCR 0.59 with CE buildup signals bullish institutional conviction. Budget Tailwinds: Infra allocation anticipation favors cement leaders.