Uniparts looking good from current level-Trend + 50 EMA breakout
-volume is decent not high nor low
-major resistance is near which it already tested multiple times this time it should break it easily because agressive buying from lower levels
UNIPARTS trade ideas
Momentum GameIdea is Simple Invest in stocks which Breakout with Volume.
Rather than targeting 20% to 25% profits for most of your stocks, the profit goal is a more modest 10%, or even just 5%.
Rule 1 : Respect Target & Stoploss.
Rule 2 : Hold the Trade until the Rule 1 is not met.
Rule 3 : SL on Day Close Basis.
Rule 4 : On result day trail your SL at 15Min Time Frame.
Uniparts breakout583 was important resistance it took support yesterday their and now made fantastic bullish candle.
Can say was a breakout from Falling Wedge pattern with tremendous volumes.
From here 650 is visible in short term as RSI also getting bullish above 65.
Stock looks fabulous and if 650 -60 levels are breached can move towards its All Time High.
Watchout for the stock
Disclaimer - just for educational purpose not a recommendation.
Uniparts India: Offering low risk set upUniparts India is trading near support levels on weekly time frame. Can be a good low risk trade.
UNIPARTS LONGI have noticed a significant trendline breakout in the market recently. This breakout occurs when the price of a security breaks through a trendline.
The Moving Average Convergence Divergence (MACD) indicator is currently showing a bullish signal. It appears that market sentiment is currently trending.
The Relative Strength Index (RSI) is currently indicating a bullish trend as it is greater than 50. This suggests that the buying pressure in the market is stronger than the selling pressure, potentially leading to further upward movement in the price.
The stochastic bullish crossover is a technical analysis pattern that occurs when the stochastic oscillator generates a buy signal. This technical analysis pattern occurs when the stochastic oscillator's %K line crosses above its %D line.
I am not a registered Sebi analyst. My studies are purely for educational purposes.
Before trading or investing, please consult with your financial advisor. I am not accountable for your profits or losses in any way.
Thanks
VJ
Diamond Pattern Weekly ChartDiamond Pattern in Weekly Chart.
Bullish View
Above 586 it will be activated.
Target 698.65
Stop Loss: 538
Risk is yours and Reward is too yours
Time Frame : 6 Months....approximately
UNIPARTS : Inverted H&S Breakout on weekly TFInverted H&S Breakout
Half Qty can be added at current level
rest half can be added on retracement with \
SL below closing of right shoulder for
Target of 704/800 levels
RR is: 1:1.6
DISC: Consult your financial advisor before making any investments. This is only for learning purposes.
#UNIPARTSDaily weekly retest done
But still can do a low of 562
A good one to accumulate from here onwards
Uniparts India: Keep on radar for closing above 580Uniparts India, a recently listed entity is forming inverse head & shoulder pattern on weekly time frame. Although data is not enough to conclude as company is recently listed. Stock is trading in a range. Keep on radar for closing above 380.
#UNIPARTSUNIPARTS - Margin contraction was seen in the results
Ebdita 19.3% vs 23.8 qoq and 20.3 yoy
Stock completing its 4th wave
May test 550 levels
5th wave will be pending
Uniparts India breakout candidate!!An IPO breakout candidate stock which is consolidating near ATH. There was recent rejection but no follow through sell off as of now. Unless the stock closes below 565 on daily chart, it will make a new high.
#UNIPARTS594 is open now in stock
RSI above 66
ADX DI changing trend
Stock has confirmed its 3rd wave has started
uniparts buy above 600 with a sl of 540stock has made a new high, rsi is also above 60, expecting a good run
UNIPARTS - Ichimoku Bullish Breakout Stock Name - Uniparts India 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 613
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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Uniparts India: Recently listed company forming baseUniparts India is trading in a range of 530-590 since listing from Dec'22. Seems stock is forming base. Recently company declared good results. Keep on radar for breakout above 590.
