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Published on 5/07/2019 9:16:51 AM | Source: Religare Securities Ltd

Buy UltraTech Cement Ltd For The Target Rs.130 - Religare Securities

Posted in Broking Firm Views - Short Term Report| #Ultratech Cement Ltd #Cement Sector #Trading Report #Religare Securities Ltd

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Religare Super Ideas

UltraTech Cement Limited (ULTRACEMCO)

ULTRACEMCO is one of the best performer in cement space. While other cement counters are struggling these days, it has witnessed marginal decline from its record high and looks all set to resume the uptrend. We advise creating fresh longs through Call options in the given range. 

Recommendation

BUY UltraTech Cement Ltd 4700 CE@ 80-85 Stoploss 60 Target 130 CMP 88.50

 

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