UGRO CAPITAL#UGROCAP
TF: 1hr
Entry: Above 242
Targets: 251, 260, 270 (positional 300-320)
SL: 1 hr candle closing below 233
Logic Channel Break With Volume
UGROCAP
UGROCAP - should do very good from hereNSE:UGROCAP
cmp 284
This ought to perform splendidly in coming months
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.
BUY URGOCAP SWING TO SHORTTERM INVESTStock made a huge consolidation and made breakout and now Back to Breakout area for retracement.
Conservative Traders wait for Proper PriceAction and execute your trades.
Always Maintain proper RiskReward. Here Maintain Proper Stoploss based on Daily candle closing Basis.
UGROCAP - Ugro Capital🔹 Technicals:
▸ Giving a pullback after a big up move
▸ 120% up move from March bottom to the recent top
▸ Price is just below the 20, 50 EMA
▸ There are 3 zones of interest for accumulation:
1. Below the 20, 50 EMAs
2. Previous swing high which may act as a support
3. Demand zone at 218-233
Disclaimer: I am NOT a SEBI Registered Analyst and the information provided here is NOT investment advice. This post is intended solely for educational purposes.
UGROCAP - Ichimoku Bullish Breakout Stock Name - Ugro Capital Ltd
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 239
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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UGROCAP - Weekly Congestion and SqueezeChart has formed a VCP 3 pattern, breaking the resistance of 206 can take it till 235.
Ugrocap 500+it may touch 234 within next 6 months & 500 within a year or two.
need to trade above 138.
