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...
#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.
UFO stock buy price between 94-96, breaks its strong resistance at 100. it is getting ready for its next upmove with target of 120+
Positional Trade: Buy UFO Moviez Last Close: 101 Target: 115 Stop Loss: 96
Bottom fishing 🎣 #UFOMOVIEZ Range breakout after year. Had been swimming in a range for past 1 year Now seems in mood to get ready for big moves. Volumes look good..😎 Will wait till this week's closing and will trade on confirmation only.
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.