NSE: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...
Stock 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.
🔹 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...
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...
