UCOBANK
UCO BANK :PSU BANK
#psubanks looking great!! Sharing my Favourite.
#UCOBANK
Good base formation done , volume almost dried.
Reversal signs seen
Support levels marked on the charts
Keep in Radar
Disclaimer - All information on this page is for
educationaland learning purpose only. We are not SEBI registered financial advisor.
UCOBANK | Swing Trade📊 DETAILS
Sector: Bank - Public
Mkt Cap: 48,062 cr
UCO Bank is engaged in providing wide range of banking and financial services including Retail Banking, Corporate Banking and Treasury Operations.
TTM PE : 26.10 (High PE)
Sector PE : 12.22
Beta : 1.36
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
17.85% away from 52 week high
Underperformer - UCO Bank up by 5.84% v/s NIFTY 50 up by 7.5% in last 1 month
📈 FINANCIALS
Piotroski Score of 6/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
UCOBANKUCOBANK-EQ
-Breakout Candidate
-Round Bottom Structure Breakout on Weekly Time Frame
-Ascending Triangle Breakout on Daily Time Frame
-Strong Range Accumulation
-Strong Volume Buildup
-Performing Good but had Bad Reputation
-Just for Trading & Swing not for Investment
Entry 🟢: Above 52
Target 🎯: 63, 70, 77, 90, 92 ++
Stop loss 🔴: 41 WCB
Remark: Short Term
⚠️ Disclaimer : Chart & Levels are for educational purposes. Trade according to your Risk or consult with your Finance Advisor.
UCO- heading towards 100NSE:UCOBANK
cmp 43.75
heading towards 100
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is consistent with your studies.
Uco Bank Analysis!Modification in UCO Bank Analysis
FLAG AND POLE PATTERN FORMATION IN UCO BANK
FLAG Breakout in UCO Bank
Uco Bank made Flag and Pole pattern in Weekly Timeframe But price is still trading inside rectangle(Flag). We have to wait till the price to go up and break the upper side of Flag. If it successfully breaks and closes above 28.55. Then there will be a nice Long trade in UCO Bank.
Entry = Above 28.55
Stop Loss= Below 22.30
Target = Short term 37.95 , Long Term 94
Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4)Don't trade with full capital
Beautiful Breakout in UCO BANK.Good morning Traders.
Here is the technical analysis of UCO Bank we all should know.
>> Chart is self explanatory but to elaborating more Stock was consolidating in Symmetrical tringle pattern since 9 months. Where it has made a beautiful support and resistance lines in triangular shape and gave a Nit and clean breakout.
>>In the weekly time frame, we can observe that it had previously given a rectangular breakout after 15 months of consolidation and went up by more than 150%. Now, after this previous rectangle breakout, a recent triangle pattern has emerged, appears more of a flagpole pattern in weekly TF. These increase the likelihood of success for this stock.
>> Over the past decade, the stock has undergone a substantial correction of over 90%. However, upon examining its financials, it appears to be more stable and promising, as its non-performing asset (NPA) ratio has consistently decreased.
>>Now, we can consider entering the trade if it continues to sustain above the breakout line. Our target could be a minimum of 20% at the 37 level, while it's important to set a stop-loss at 13% below, around the 26.80 level.
Do consider pressing the boost button🚀🚀, It helps me bring more interesting analysis. And if you've any question and suggestion please feel free to post in comment section.
Please note I am not SEBI registered. Do your own research before investing.
LONG UCOBANKUCOBANK Comes out of Slumber after many years. and Multi year breakout is there. First target is 45, second target is 100 SL below 27
UCO BANK is having momentum + Trend which is lethal combination for any stock.
Learn the art of trading. Trading is not gambling its well defined process with probable outcomes.
#KREBSBIO KREBSBIO #NIFTY BANKNIFTY #NSE #BSE #HDFCBANK #SBIN Krebs Biochemicals And Industries Ltd.
NSE:KREBSBIO
NSE:KREBSBIO
CMP: 175.40
Target: 250+
Time frame: < 6months
SL: 148
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
#MIRZAINT MIRZAINT #NIFTY #BANKNIFTY #FINNIFTY #NFT #CRYPTO #IOT
Mirza International Ltd.
NSE:MIRZAINT
MIRZAINT
CMP: 71.85
Target 88++ // HUGE RALLY EXPECTED 100++
SL: 63
Time Frame: < 6 months
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
UCO Bank - CMP: 11.30It has taken support at Demand Zone twice and moved ahead. RSI also moved ahead from the oversold zone. ADX also indicates the weakening of a downtrend. We can also notice Positive Divergence on the daily and monthly chart. Price likely to retrace up to 12.85 to 13.50 in the near term.
#SBIN #BANKNIFTY #NIFTY #BANKINDIA #BANKBARODA #INDIANB #STOCK #SBIN
NSE:SBIN
CMP: 354
Target 427 // 460 // ++++
INVEST !!
If you like my work, KINDLY LIKE, SHARE, & FOLLOW THIS PAGE for latest stock recommendations for free.
Expectation is for 600 in long run.
Super Bullish on this stock.
From Rachit Sethia with 💚
#INDIANB #BANKNIFTY #NIFTY #BANKINDIA #BANKBARODA #SBIN #STOCK #INDIANB
CMP 115
NSE:INDIANB
Target: 158 // 190 // 245 ++
INVEST !!
If you like my work, KINDLY LIKE, SHARE, & FOLLOW THIS PAGE for latest stock recommendations for free.
Expectation is for 250 in long run.
Super Bullish on this stock.
From Rachit Sethia with 💚