uflex breaks a 15 year old trendline- should easily do 2x from here
Uflex is following an ascending channel ( refer to the yellow lines) - uflex has made two failed attempts to break the channel top but it couldnt sustain ( refer to purple circles) - if uflex manages to sustain above the channel and sustain, we'll see uflex catching momentum and heading towards 4 digits
long ncl ind as its hit the channel bottom and its showing signs of reversal 1st target is channel top 260-270
we have hit the lower end of the symmetrical triangle sl at 214 and target at 245 risk - reward is good
trend reversal making cup and handle on monthly chart grossly undervalued fundamentally order book worth 1860 cr with market cap of just 1k cr
after a decline for 3 months this stock has given a strong reversal
-STOCK HAS CORRECTED FROM 660 TAKEN SUPPORT AT 560 AND PRICE ACTION INDICATES A POSITIVE BIAS - STOCK HAS UNDERPERFORMED ITS PEERS AND IS TRADING AT A DECENT VALUATION - STOCK HAS A HIGH DELIVERY PERCANTAGE - LONG TERM TARGETS OF 680 & 730
-STRICTLY CONDITIONAL BUY ABOVE 122 -IF THE ABOVE CRITERIA IS MET LONG WITH A short term target of 130 POSITIONAL TARGET OF 137 AND SL OF 120 -RISK : REWARD RATIO IS 1:7 -BREAKOUT ON LONG TERM CHARTS AS WELL AS SHORT TERM CHARTS -MAKING HIGHER LOWS AND LOWER LOWS CONTINUOUSLY
RISK/REWARD RATIO IN THIS TRADE IS 1.5 : 10 WHICH MEANS WITH THE RISK OF 1.50 RUPEE YOU CAN GET UPTO RUPEES 10.80 STOCK IS TRADING ABOVE 200 EMA OF 48.80 STOCK HAS MOVED 22% IN THE LAST 1 MONTH AND 8.35 % IN THE LAST WEEK WHICH CLEARLY PROVES THAT THE STOCK IS AN UPTREND FUNDAMENTALLY STOCK IS TRADING AT A VERY CHEAP VALUATION OF 3.42 PE (PRIVATE BANK) PRICE TO...
SHOULD GIVE A HUGE BREAKOUT THIS WEEK AT ANY COST MAINTAIN SL AT 911 JUST INCASE