Breakout Stocks: How to trade UltraTech Cement, Dalmia Bharat and Anupam Rasayan that hit 52-week highs? – Market Summary
On the weekly timeframe, Ultratech Cement has successfully given a breakout above its all-time high, crossing the critical resistance zone of 12,130–12,150. This breakout signals strong bullish strength. Additionally, the moving averages have started trending upward, further confirming a bullish trend and reinforcing positive price action. From a momentum perspective, the RSI has broken out…