uflex - Breaking Upper Channel

Mar 23, 2023

uflex is undervalued stock with a potentially attractive risk-to-reward ratio at its current price level.

• If the stock reverse from current direction, its recent 52-week low of INR 338 would serve as an exit point.
  
• On the other hand, if the stock were to move upward, the first target to watch for is around 394.
  
• On daily chart it seems created demand Zone (Drop Base rally), Upper channel of Drop Zone has been broken.
  

Note This is for educational purpose only.

Apr 19, 2023

Trade closed: target reached

Target Achieved!!