DYOR I am learning and found good setup which i am sharing.
UFO looks really good can add at dips with sl 70 as closing sl and target 100-130-150 try to accumulate at dip it will pick movement once’s it break 93 and sustain above
The stock looks good above 106.6 level for targets of 111 and 135 positionally
Buy-80-85 SL-70 Target-95-110-120 Positional Trade For Holders With Patience..
NSE:UFO might seem to run and go towards Rs100-115 but I believe it will be a Buyer Trap for us. Long term perspective is bearish. But if any how this scrip shows good numbers and profits in quarterly results and the price closes above Rs120 on a weekly basis the trend shall change to bullish. Until this doesn't close above Rs120 DO NOT BUY for investment or long term.
My wave analysis suggest a good buy developing with a very good RR.. DO NOT MISS IT. IF you LIKE my analysis, please CLICK LIKE BUTTON and BECOME my FOLLOWER FOR NEW IDEAS FOR WEALTH CREATION. Thank you.
Breakout with good volume, retrace phase lets see breakout was fake or real. SL-77.50 on closing basis. 1st Target- 93.50 2nd Target-95.50 3rd Target-100.50
As seen on charts, weekly breakout happened but under consolidation...support at trendline on RSI...Targets are 100-112 in short term....keep accumulating.
Could give 40-50% returns.. Safe players buy above 90 Daily Closing Basis.. Risky players can accumulate between 70-80 with 55 WCB SL..
we can see great move on breaking above trendline resistance
Very Good R:R 15-01-18: Medium Term Wave 5 Pending Buy 515, SL 495 (CB) Target1 - 640, T2 - 725
Sell UFO Movies with a Target of 350 & SL of 397. Chart is self explanatory.
Stock has completed forming a double bottom or rounding bottom or whatever you want to call it. MACD and RSI shows positive divergence. If 480 can be breached, Tgt1 - 504, Tgt2 - 532 Thoughts please!
stock formed double bottom and breakout form downtrend line. it also retested downtrend line. buy range 440-470 SL 430 Target: trail sl only( levels to exit. 520 580)