This is not investment advise/recommendation/presentation and all future ones are & will be only for learning purpose.
Please consult your financial advisor before investing.
Thank you.
When FMCG, pharma etc stocks are trading @50 times their current earnings and 10 times their current Market cap...
How can their suppliers from packaging industry stocks trade @just 3 times their current earnings and 0.5 to 1 times their current market cap ??
1. Hubli plant has commenced operation in this quarter which will boost topline growth
2. Good domestic...
Observe tight price action for a couple of weeks between 690 and 719.
Price breakout above the pivot of 719 would trigger an upward move.
Always keep a strict stop loss as per your risk management.
Here's my previous analysis on Uflex...
Stock Name - Uflex Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 685
#This is not Buy and Sell recommendation to any one. This is for education purpose...
Buying zone: 590 - 615, with initial target of 658 which is also the short term resistance zone.
A move above 658 will take the price to 720.
Support at 590 and 556. Exit trade if price falls below 556.
Note: Personal analysis, not a buy or sell recommendation.
1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on initial stop loss hit or daily RSI closing below 40
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c....
Key highlights:
1. Bounced off the weekly demand zone
2. Forming a Bullish market structure
3. Continuous support from 200 MA
4. Volume is picking up
5. Moving in a symmetrical triangle
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh...
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:UFLEX
