UCOBANK Long Opportunity
Updated
Such a wonderful chart. I am trying to be too optimistic here. Hell, why not?
Price trading near confluence of trend line resistance. Excellent Risk Reward can be seen on Monthly Chart.
Similar pattern seen in a lot of PSU Banks.
Need to start with small quantities and then Pyramid as and when there is Dip/correction.
Price trading near confluence of trend line resistance. Excellent Risk Reward can be seen on Monthly Chart.
Similar pattern seen in a lot of PSU Banks.
Need to start with small quantities and then Pyramid as and when there is Dip/correction.
Trade active
Price respecting the support around 22-23 levels.Add more only after breakout of the confluence -- around 32-33.
Note
Added 5X more quantity. Trade going as expected.Note
Target 1 reached. Trail from here on.
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