UFLEX LTD crossed the monthly primary trend and weekly travels towards the resistance. Under bullish mode. Target 740. If crosses the 740 it will reach 817
Find your setup, Look at daily chart to get a appropriate e idea where to go long
- Breakout & retest - Massive Accumulation - Trading All Time High - Trading in HH-HL Structure - Strong bullish momentum - Buy above 685 - Stop loss 640 - Targets 715/750/790/840+ - TF ≈ 4-6 months
UFLEX starts correction OCT'21 & consolidate FROM NOV'21 TO 7TH MAR'22. Last week was able to break out with good volume START TO BUY AT THIS LEVEL & DIPS UP UP TO 660 WITH SL 620 TARGET 840.
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
SL compulsory red volume bar Long above 555 to 630 (target) Duration 4 weeks
A bullish position is formed with a target of 590, SL @ closing at 500.
#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