One of the NBFC's which has guided for the highest growth rates
Long above 255 with a SL 5% below cost..
A cross of the 200EMA could lead to a powerful move.
For now there is no other technical breakout but a break above 275 could lead to a trendline breakout above which momentum could slowly start kicking in.
Most NBFC's had a great week last week..so a...
NSE:UGROCAP
cmp 284
This ought to perform splendidly in coming months
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry out independent research and evaluation to ascertain...
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
Stock made a huge consolidation and made breakout and now Back to Breakout area for retracement.
Conservative Traders wait for Proper PriceAction and execute your trades.
Always Maintain proper RiskReward. Here Maintain Proper Stoploss based on Daily candle closing Basis.
🔹 Technicals:
▸ Giving a pullback after a big up move
▸ 120% up move from March bottom to the recent top
▸ Price is just below the 20, 50 EMA
▸ There are 3 zones of interest for accumulation:
1. Below the 20, 50 EMAs
2. Previous swing high which may act as a support
3. Demand zone at 218-233
Disclaimer: I am NOT a SEBI Registered Analyst and the...
NSE:UGROCAP viewpoint
the stock has given good breakout on weekly time frame around 250 levels
cmp is 260
can be accumulated now. potential to give big gains
this analysis is for knowledge sharing and educational purpose .
this post is not a buy or sell recommendation.
Ace investor Ashish Kacholia has added smallcap multibeggar stock to his portfolio during the June 2023 qtr.
Finding Support at around 260 go long with a Stoploss of 258
Stock Name - Ugro Capital Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 239
#This is not Buy and Sell recommendation to any one. This is for education...
A stock which just managed to raise equity from noted investors..This means the company can now grow for in the new future without over leveraging themselves.
The company has already given a good update for Q4 and has lofty projections for future growth.
There could be a potential wedge breakout
Long above 177.50
Stoploss below 170.
Darvas box breakout on daily and weekly chart.
Volume is also supporting.
buy above 212
SL 164
target 1:2
after 1:1.5 shift the Sl to the buying priceand then to the the bottom of next box and ride the trend.
