#UFLEX long #UFLEX long
Strict SL-528
Target-634
CMP: 551 @ 14 February 2022
Shared only for educational purposes
UFLEX trade ideas
UFLEXMaking the move up with a price volume breakout in the week. Targets are as per FIB levels. Nice looking RSI.
UFLEX We may see a false breakout in uflex. careful... though it seems to be heading high, I am seeing somewhat trap by the institutional players.
UFLEX - Looks ready for an up moveKey highlights:
1. Bounced off the weekly demand zone
2. Forming a Bullish market structure
3. Continuous support from 200 MA
4. Volume is picking up
5. Moving in a symmetrical triangle
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
NSE Certified Technical & Fundamental Analyst
Under-Rated UflexTrendline support.
Hammer at support.
Very much undervalued.
Fundamentals too suggest a good upside remains.
At weekly support and confluence of support.
uflexcup and handle formation
might consolidate at this point before breakout
can have 50 ema as sl(closing basis)
entry above 560
buy UFLEXUflex is following an ascending channel ( refer to the yellow lines)
- uflex has made two failed attempts to break the channel top but it couldnt sustain ( refer to purple circles)
- if uflex manages to sustain above the channel and sustain, we'll see uflex catching momentum and heading towards 4 digits
Continuation pattern=UFLEX
All time high with UFLEX.
Long UFLEX with equity.
Current stoploss with 525 &Revise stoploss if it moves with our favour then rsl with nearest market structure.
Swing Trade - Long Opportunity UFLEXDetails mentioned on chart
Flag pattern breakout on Daily TF
High Volumes
Descending triangleKey levels as mentioned on chart.
Kindly do your analysis before initiating trade.
UFLEX IN FOCOUS hello traders , now we can focous on uflex
we can see a big rally after if cross 660 then verry soon we can expect 700+++
flex potential Breakout candidateDISCLOSURE
This is only for educational purpose
This is not a recommendation
I am not SEBI registered
Do not TRADE/INVEST basis what I publish here
I am not responsible for your loss or gain
It is prudent to assume that I have ulterior motives in publishing this Idea
I and my clients might or might not have a position, I and my clients might or might not have a opposite position
BREAKOUT IN #BANKBARODA -- SWING TRADERefer the chart for entry, sl and target. Chart is self explanatory. Trade with proper risk management. Thanks. Cheers.
Multi Year Breakout - Cup & Handle (Multibagger Stock)Positional & Investment Pick!!
Excellent Company. Leader In its Segment.
Breakout of 13 years old trendlineTrendline starts backin 2008 which is 13 years old trendline.
Let the stock price take a retrace to the trendline.
Buy after the price crosses all time high.
Target - 1400
SL - 510
Trendline Breakout Good Volumes at the zone marked below the breakout can be a stoploss, and can go long for swing trade till TP1.
