Buying zone: 590 - 615, with initial target of 658 which is also the short term resistance zone. A move above 658 will take the price to 720. Support at 590 and 556. Exit trade if price falls below 556. Note: Personal analysis, not a buy or sell recommendation.
1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price) 4. Sell on initial stop loss hit or daily RSI closing below 40 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c....
Good evening friends stock name: Uflex Horizon: one month Level to watch: 650 Target: 740 Regards.
uflex breaks a 15 year old trendline- should easily do 2x from here
#Uflex cash -Positional call 28 March 2022 Buy above 602.10 stoploss 580 Target 640-650/680 Cmp 596
#UFLEX long Strict SL-528 Target-634 CMP: 551 @ 14 February 2022 Shared only for educational purposes
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.
Key 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...
Trendline support. Hammer at support. Very much undervalued. Fundamentals too suggest a good upside remains. At weekly support and confluence of support.
cup and handle formation might consolidate at this point before breakout can have 50 ema as sl(closing basis) entry above 560
Uflex 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
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.
Details mentioned on chart Flag pattern breakout on Daily TF High Volumes
uflex chart analysis for intraday and swing trading
Key levels as mentioned on chart. Kindly do your analysis before initiating trade.