UFLEX has broke out on weekly and daily time frame, may give 30% return if the breakout sustains.
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade. NSE:UFLEX
it has formed inverted hammer on daily time frame and can give potential returns and also stock is at all time high with no above resistance.
uflex chart analysis for intraday and swing trading
uflex has printed head and solders pattern and its break the neckline in upside. can go for mid term position
CMP - 575 (Near ATH) SL - 540 (DCB) Target - 730 Also looks good for MT
Upflag pattern formed (even inverse shs formed) >> candle breakout with huge volume camp with last 1 week trading session >> target up to 622(10% returns) and more 632(risky) >>once target nearby book profit NO WAIT >> or follow trailing SL >> tme span 2 week positional call >> Educational purpose
Inverted Head and Shoulder pattern formation in 1D timeframe. Cup and handle pattern, if you see on larger timeframe.
Uflex is making an inverted head and shoulder pattern. Closed near the neckline of the pattern today. Can be a good long trade above the resistance. Levels mentioned in chart. Follow strict risk management.
Uflex Forming Inverted H&S Pattern and spread chart also breakout keep an eye
Uflex spread chart breakout and Forming Inverted H&S Pattern
Stock was in consolidation. today it has given breakout above trendline and also formed a HH HL structure
This scrip is expected to give short term return of 10 - 20 % returns in coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
REASONS/INDICATORS TO BUY: -MACD Crossover -RSI above 60 -Higher volume than the past 5 trading sessions
This scrip had brokeout from a major resistance and consolidation there for a while, we may have a long opportunity in this scrip if it breaks the smaller trendline but as there is a Upper BB resistance, we might see a big up move after a pullback. So do watch out for this scrip.
Falling Trendline Falling Trendline Falling Trendline
UFlex : Little Risky Resistance Breakout Done, need to sustain Looks good above 548 with SL 535