Bullish Pennant Setup 📌Bullish Pennant Setup
✅Keep on Radar
UCOBANK
+ Continuation pattern
+ 2 Inside bars
+ Trading above Key EMAs
+ Stock from a strong Sector
1.60INR
18.263BINR
206.649BINR
551.052M
About UCO BANK
Sector
Industry
CEO
Ashwani Kumar
Website
Headquarters
Kolkata
Employees (FY)
21.698K
Founded
1943
ISIN
INE691A01018
UCO Bank engages in the provision of banking services. It offers personal banking, corporate banking, international banking, rural banking, and other related services to its customers. The company was founded by Ghanshyam Das Birla on January 6, 1943 and is headquartered in Kolkata, India.
Swing-UCOBANK--Formed Lower high
--Swing trading
--Wait for the breakout candle and then take entry
--Upside Traget -Lower highs
--PSU banks looking attractive
Disclaimer:
- The view expressed here is my personal view
- Any decision you take, you need to take responsibility for the same
- It's your hard e
UCO Bank Analysis Stock has given strong BO on weekly chart with good volume, above marked level will go to next levels as PSU Banks are in demand, follow chart for proper support and resistance levels.
Triangle breakout Uco BankThere is very good triangle breakout seen in UCO bank on weekly chart.
Likely targets are 35, 40 and 44
SL 27
UCOBANK: 6 Year Cup Handle BreakoutUCOBANK has rapidly broken out of a huge 6 Year Cup Handle pattern. The massive breakout over the last 2 days has pushed it over 35%! Huge volumes and high RSI. No wait for profit booking and see if it sustains. The whole PSU bank pack is breaking out.
Uco Bank Analysis!Modification in UCO Bank Analysis
FLAG AND POLE PATTERN FORMATION IN UCO BANK
FLAG Breakout in UCO Bank
Uco Bank made Flag and Pole pattern in Weekly Timeframe But price is still trading inside rectangle(Flag). We have to wait till the price to go up and break the upper side of Flag. If it suc
pattern and weekly closing i always wish for..Amazing closing and above previous high. PSU banks is the sector that will be leading this bull run in my opinion and this stock just has too good setup to be ignored. expecting 60 until Diwali. lets see Diwali Khushiyobhari hoti hai ya nahi.
UCO BANK bullish SignalEnter at 28 to 29
target 38 Rs
Duration Dec 2023.
All PSU bank reporting good Q1 results so don't miss this opportunity .
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