UMANGDAIRY trade ideas
UMANG DAIRYumang diary cmp 81.25
Nice symmetrical triangle and reverse head and shoulder pattern
with increasing volumes .
study purpose only
UMANGDAIRY UMANGDAIRY
Buy above 83.5
SL below 75
Targets: 86.25/94/100/112/124 +
Multi-month resistance zone BO
+For Educational Purpose only+
UMANGDAIRYUMANG DAIRIES
UMANGDAIRY: Flag Pattern Breakout Upside Sustaining Above 82 CMP@81.20 Targets 91-101-111-121+++
Swing trade hold single trading sessionTrend line Breakout in UMANG DIARY
Book profits within the first 30 minutes of the market opening
- Try to exit by taking 10-15% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
Now, why do I prefer swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 3-4 days and the rest of the time they either consolidate or fall
CMP- 81
Target Price 95
Note:- I am not SEBI Registered This Trade is only educational Purpose
UmangDairy - a long opportunityObserved that Umang Dairy is steadily going up. It has paused at a key fibonacci level. If it crosses that, my chart says it can reach the levels plotted on the chart. Tradingview also gives the stock a BUY rating. So traders watching this stock may find a good buy opportunity.
As always, please do your own due diligence on each and every security before you act.
Queries / Feedback welcome.
All the best to all.
#UMANGDAIRY #stockmarket Flag pattern breakout retest 25% return#UMANGDAIRY
NSE:UMANGDAIRY
CMP: 58.80
Target: 73++
Might hold above 73 as well.
Stop Loss: 48
Time frame: Less than 2 months.
Keep trailing stop loss.
Factors:
Rising Volume with rising Prices.
Channel Median breakout.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher High & Higher Low.
Broken above resistance.
Trading at support.
Fundamentals are strong.
Risk Return Ratio is healthy.
And
Bullish Wedge FLAG formed.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
UMANGDAIRY 100 COMING SOONLOOKS GOOD ABOVE 75
SL - 60 (ON DAILY CANDLE CLOSING BASIS)
TARGET - 80,88,100++
weekly breakout with good volume strong weekly breakout with cup and handle pattern breakout. let see this stock journey. not giving any targets and stop-loss you will find automatically.
UMANG dairy week chartUmang dairy weekly chart give rounding bottom breakout and flag break out so can give good moves for short term targets of 80,90
Umang Dairies. Breakout coming soon!!!!Long above 85.5. SL 82 Tgt 95. Only concern, Volumes low.
Disclaimer: I am a novice at charting and this chart is for educational purpose only. Views and opinions are welcome.
