UFO Moviez India Ltd (Multiyear Breakout Setup)UFO Moviez India Ltd will be giving a breakout above 150 levels. If the stock closes above 150 (Monthly), it can head over to 175 and 200 in the short term. Also, good volumes are seen on the monthly chart. The level of 150 can act as support. #UFO. CMP: 153.10.
Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment. It is not a buy or sell recommendation.
Ufomoviez
UFO : Weekly Chart Short Term (1-3 months)#ufo #swingtrade #trading #vcp #breakout #momentum
UFO Movies : (1-3 months) (Weekly chart)
>> Multiple VCP patterns
>> Breakout Candidate
>> Momentum Trade
>> Good strength & Decent Volumes
Swing Traders can lock profit at 10% & keep Trailing
Disc : Stocks / Charts shared are for Learning Purpose not for trade.
Long Term Bearish UFO Moviez. Correction still in place!NSE:UFO might seem to run and go towards Rs100-115 but I believe it will be a Buyer Trap for us. Long term perspective is bearish.
But if any how this scrip shows good numbers and profits in quarterly results and the price closes above Rs120 on a weekly basis the trend shall change to bullish.
Until this doesn't close above Rs120 DO NOT BUY for investment or long term.