UFLEX
UFLEX#Watchlist
#UFLEX:- 545.35 CMP, Looks good for more upsides :)
1) Multiple Breakout + Retesting Done
2) Huge Volume Spurts
Breakout in Uflex...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.
UFLEX: VCP PATTERN BREAKOUT
NSE:UFLEX
Levels mentioned in Chart.
Note: Not a SEBI Registered analyst.
Trade at your own discretion.
UFLEXNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
Uflex at demand zoneUflex at demand zone and expecting ABCD pattern to be finished at targets 500. Enter Uflex in dips till 360.
Trading Idea: Long
Targets: 450/500 +
Stop Loss: WCB 350
DISCLAIMER: Trading Ideas are shared for learning and education Purpose Only. Please consult your financial advisors before investing/trading.
UFLEX : Buy on close above 257UFLEX has formed inverted H&S on daily chart. Volume was decent on head, near the breakout and after breakout. It has bounced from both neck line and support line around 229. We'll wait for counter to close above BB mid line and 257 (swing high) for confirmation of start of uptrend to achieve pattern target. RSI and CCI has given MA cross over but it's very minor difference. So, we'll wait for close above 257 in next 2-3 sessions to understand the strength of reversal.
Buy only on daily close above 257 with stop loss of 225 on closing basis for target 325-354.
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Turn round possibleUflex is in dntrend, but if 200 level sustains and mfi and adx shows divergence and strength may be a turnaround case, the company business seems good prospect. Huge Positive volumes at 200 138 and 106 can be seen earlier. Pls comment on my thoughts
Long UFLEX for TGT of 225 UFLEX has retracted from fibonnaci retracement of O and can see a reversal till 225.
RSI is also cutting above the trendline showing signs of reversal
