UFLEX (07 Feb 2024) ready for the breakout of ascending triangle pattern on weekly timeframe. Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
📊 DETAILS Sector: Packaging Materials-Containers & Packaging Mkt Cap: 3,301 cr Uflex Ltd is a leading Indian multinational company which is engaged in the manufacturing and sale of flexible packaging products & offers a complete flexible packaging solution to its customers across the globe. TTM PE : -- (Low PE) Sector PE : 6.49 Beta : 0.99 📚 ...
In the Weekly Chart of UFLEX , we can see that, it has multiple rejections at 280. Take a small at 280 with 265 as SL hold for 1:5 profits and exit.
stock give trendline breakout with higher low creation multiple time reject on trendline possible target and stoploss for educational purpose not a call
Buy at cmp SL 412 Disc : It's not an investment advise to buy or sell
triangle is a chart pattern is a tool used in technical analysis. The triangle chart pattern is named as such because it resembles a triangle. It is depicted by drawing trendlines along a converging price range, that connotes a pause in the prevailing trend. Technical analysts categorize triangles as continuation patterns of an existing trend or reversal. Despite...
Trapped in 200 EMA Getting bullish day by day volume dry May breakout after resistance
UFLEX :- The stock has given a breakout by forming a double bottom pattern. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the...
Buy 465-470 SL 430 Disc : It's not an investment advise to buy or sell
NSE: UFLEX is closing with a bullish consolidation candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 11% gain on...
Don't take trading (profit/loss) too seriously. Nothing ever happened the way we expect. Overthinking is a waste of time and energy. Just stick to a process.
In the Weekly Chart of UFLEX , we can see that, it has given Trendline breakout. Let it retest and then enter with SL and Targets. Expected momentum is shown in chart.
UFLEX daily looking bullish, it has trendline breakout with 200 ema support on daily candle. Good to buy at 478 for target of 688 with sl below 387 ****************************8 This is purely for training and educational purposes. We shall not be responsible for your profit or loss. The stocks discussed or recommended here, may not be suitable for all...
✅Stock for Next week👌 Cup & Handle Pattern 📉📈 #UFLEX - Volatility and Volume Contraction during Handle - Red Volume is Significantly Dried up - Setting up Nicely - Bullish RSI 200 EMA is yet to be taken Though
Stock has Taken Support around 350 Levels. Clear Upmove till 510-512. Second Target 555 Sl 375 Weekly Closing Basis
uflex is undervalued stock with a potentially attractive risk-to-reward ratio at its current price level. If the stock reverse from current direction, its recent 52-week low of INR 338 would serve as an exit point. On the other hand, if the stock were to move upward, the first target to watch for is around 394. On daily chart it seems created demand Zone...
if less time good volume come here time to buy here. just for analyst