uflex - Breaking Upper Channel

UFLEX LTDNSE

Description

⋅ Mar 23, 2023 3:07 AM

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 1:02 AM

Target Achieved!!