Univastu formed beautiful triangle pattern and now volumes are good once BO take long with SL of 90
- Making HL and currently at the Major Support TL - Formed an Inverted HnS and Descending Triangle - BO of INHS and Descending triangle with increase volume if sustains - Volatility and Volume contraction - Increased Vol. on BO Con. Wait for the BO to sustain
here chart shows technically big breakout with volume can be show some momentum for upside bt todays candle is too big so be a caution can be retest their brkout level. fundamentally don't know about this company. chart shows only for educational purpose.
"UNIVASTU CMP: 80.2 Good Risk reward of 1.4 Buy above : 81 Stop loss: 71 Target: 95 Return of 17.28% expected Pattern: Range All levels are mentioned on the chart. Keep an eye."
The stock has seen its highest-ever trading volume on the last week with a breakout from its high. creating its first-ever Darvas box, The stock can be considered for short to medium term trade
This scrip is expected to give short Term in the coming days. So traders keep on your radar to catch the momentum. Thanks to all