Trendline breakout done. RB breakout yet to be done. Entry after weekly candle close above 15 is advisable to rule out the formation of handle pattern for the targets mentioned in the chart
Note: This is for educational purpose only.
Chart - Purely on technical analysis. The Company recently raised money through rights issues for around 5 Rs. View invalid if the stock hits stoploss
Though its in EV Segment, its a penny stock. Be cautious while investing !!
Educational Content. Not a Recommendation !!
URJA
Buy : 10.5
Target : 11.6
*DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this...
NSE:URJA Urja DragonFly Doji.
Close Price = 6.85
Stock fell around 26% in last 1 month and is now expected to go high.
T1 = 7.3
T2 = 7.8
Stock can face a small resistance at 7.5 once it crosses 7.5 Stock can go higher.
URJA GLOBAL IS A ELECTRICAL VEHICLE SHARE WHICH IS THE FUTURE OF UPCOMING GENERATIONS SO CAN EASILY MULTIPLY YOUR RETURNS IS SUCH A SHORT SPAN 4
LEVELS ARE AS MENTIONED BUT THERE WILL BE NO WONDER IF SHARE DIDNT RETRACE TO THE SAID CURRENT LEVEL
