once upon a time UNITECH was a multi bagger then crashed back to single digits can it pick up the pace?
Namaste! Unitech was the stock which was going at a speed of >400 KMPH in a road, where many many real-estate companies already driving, to win the race. The people on-board enjoyed the ride. Many people became MTM (mark to market) millionaires, especially the fully exposed people who had only 2-3 companies in their portfolio. Some people get on-board feeling...
Hi Guys,There is very high probability move in making in this stock, look for upside till 3.20 or max 3.70. but be very cautious you don't wanna keep this stock after those levels it might come back again around 1.80 levels. so when you are profitable get out. thanks/
Long for unitech iff crosses above 3.15 target 7.25 >>8.95 >>40 monthly analysis
Guys this type of share is totally waste of money , time and effort. so better to stay away from this. i suggest to go for nifty 50 share.
Unitech is a good buy around 5.5 to 6 on Daily chart Targets could be 8, 9.5 and 12 and then more
This types of stock is full time operated by speculators .. they not follow technical because .. they trap trader cum technical analyst.. so this is humble request to all of my friend .. don't trade in such types of stocks.. comment your view.. For more query comment below.. i ll happy to see your view, comment and feedback And follow for such more analysis ....
Levels mentioned on the Chart
levels mentioned on the chart
20171227 Unitech was a terrible buy.
Unitech Ltd. is in a consolidation for a long time now. A triangle pattern called 'Descending Triangle Pattern' is forming on the 4 Hour time frame. Although, the text book definition of a 'Descending Triangle Pattern' is that the price usually break to the downside, however, that's not always the case. Also, the RSI shows divergence + there is also an ongoing...
Unitech- resistance around 10-11 near 200 SMA on weekly chart if close above 10.8 then we can see 14 in short term and 25-32 in long term
Notes on the chart. Hit like, comment and follow. Trade safe, stay healthy. Regards Bravetotrade
There is a potential BULLISH FLAG setup on Unitech Ltd. The price is finding support at around Rs. 6.30. If the price breaks out of the consolidation, we could look to take our proft at around Rs. 11.00 which is the exact hight of the Flag's Pole!
Unitech breaking out on huge volumes. Fundamentally not a great stock but when technicals improve need to watch out.
NICE INVESTMENT OPP buy at given levels and hold enjoy share your view in comment section