YUKEN is following the upward Trendline and in a Rangebound Pattern at Daily chart. As per Rangebound movement it should touch 790, which is an Old Resistance. If breaks 790 then it may touch 870. Bullish Engulfing candle on 18mar at Daily chart. Lets see... For my learning and digital records purpose only!
Identified Yuken India stock on 13the feb, was making perfect Triangle Pattern. A Hammer Candle at 4hr chart confirmed the Breakout and today within 13-14 trading days it even crossed my decided Target 790 and touched 835. Price Action Rocks!!! Only for my learning and digital records purpose!
Price may reverse from 647 level. Retest monthly broken level. first target is 777.
Yuken India Ltd is attempting breakout on daily time frame. Keep on radar. Stock is showing strength despite weak market conditions.
Yuken India Ltd is looking good on daily time frame. Stock is trading near breakout level after good consolidation. Keep on radar.
Yuken India Ltd is consolidating with low volume. Keep on radar. Stock has recently given breakout and sustaining above that level. Seems good accumulation is going on for further run up.
Yuken India Ltd is consolidating near breakout retest levels with low volume. Keep on radar for closing above 745. Seems good accumulation is going on for next leg of rally.
Yuken India Ltd is offering low risk offering. Stock has recently given breakout and sustaining above. Keep on radar. Inspite of weak market conditions, stock is not getting corrected too much.
Yuken India Ltd has recently given all time high breakout and seems retest has also been done. Keep on radar.
Yuken India has given breakout in last week and sustaining above breakout level. Keep on radar above 791. Offering low risk opportunity.
Yuken India Ltd has given all time high breakout and sustaining well. Keep on radar.
Strong Breakout seen out of the range. Look to Buy near 626 on Rejection or indecision and hold patiently.
if 730 is crossed on closing basis, 900 level might b seen Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing very soon
if 730 is crossed on closing basis, 900 level might b seen very soon
It might slide till 542.35 before next upmove, if it remain bullish then first target(or resistance) seems to be 661.95
I expect Yuken to turn bullish with every passing day and may now move towrds its next resistance 868 in intermediate term. In case berishness creeps in, support is at 483
Formed a good base at CMP for an up move for 1/1 angle target of 800. 2/1 support remains at 500.