rdkriplani

UniChem - Short term Trade

NSE:UNICHEMLAB   UNICHEM LABS
Above 193 the stock could do 202.
I would double my initial purchase if that level gets taken out.
SL would be 185.

Golden Cross happening on the moving averages is an added trigger to buy. USFDA approval has come for one of their formulations. Things looking good for the company. 202 is the 200WEMA so taking that out would be great for the stock price.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.