NSE:UFO is the best example where same stock is being bought and sold multiple times to book the profit.
First it was shared on 2021.06.24 with following details
Entry range: 100
Target: 111 and 126
Hold with patience 🙂
Risk : High
Stop Loss : Below 84
Second time it was shared with following Details
2021.09.15
#CALL #HIGHRISK
Stock : #UFO
Buy Option 1 : Buy...
Cup and handle pattern!
Buy above 112
Target of 118-125-140
]SL of 104 or as per your risk tolerance
Please do your own analysis before making any decisions and also let me know if I missed something.
Let's learn together.
UFO Was shared on July 1 ,2021 to buy at 95 and with the target of 111, if you have sold at that price could have made 17% profit,
otherwise now it is trading at 91.
So the concept is:
NSE:UFO had been falling till Mar 2020 since 2015. The fall was steady during 2015-2018. But since 2018 we saw a relatively rapid fall till Mar 2020.
Since Mar 2020 , it kind of went into a consolidation between 116 and 60 levels.
Now let's look at the structure. The entire fall can be condensed into a downsloping channel. There are...
The largest advertising platform in cinemas,in India, is set to see a growth in its business as the lockdowns are lifted and people get back to the theatres.
It has a network of more than 5000 screens in India.
As far the price movement is concerned, it has been in a range since the pandemic hit while the other entertainment stocks have rallied quite a bit...
NSE:UFO Levels already mentioned.. Look for swing..
Appreciate our work by like, share and following..
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given...
UFO Moviez India Ltd. is a holding company, which operates digital cinema distribution network and in-cinema advertising platform. It also involves in theatrical and advertising business, and offers caravan talkies, club cinema, digital cinema system, integrated media pact ticketing platform, and UFO framez. The company was founded by Sanjay Shankar Gaikwad on June 14, 2004 and is headquartered in Mumbai, India.
NSE
