UFLEX
ENTRY PRICE NEAR 473
SL - 464 (-1.90%)
Targets as per chart - 512.3,549.15,576.55
All things mentioned is for educational purpose. Do your own study before taking any trades
Once you have a bullish movement Tom, you can take an entry. Retest is done.
A good 10-15% is possible in a month or two or may be more.
It is not a recommendation or a tip. I'm learning everyday 😁😎
Their is Flag BO IN Uflex
Target is mentioned in the chart.
SL is 450.
RRR wise gud bt wait for todays candle if it is large then avoid it.
Caution- Volume is low
This script has started trading above the value area and now looks attractive for analysis.
As disclosed in the chart drawing, current value area and the projected target zone based on volume analysis and also supported by anchored VWAP gives an opportunity to study and observe the script movement in near future.
This script as shown in the chart drawing, seems to have reacted above the value area zone, marked in green.
So, it is worth watching for study purposes in the near future.
The stock gave false breakout and broke its previous support. That's the time to exit, which I did. I came across this chart while manually scanning and remembered my trade.
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Uflex-CMP-592.10-The Stock is in continuous strong uptrend, stock takes support near trend line and reverse, so now near trend line support, so should take support near the trend line, as well stock given the breakout on 10/08/2021 and now retesting the breakout level, making inverse head and shoulder pattern also, best level to buy in the range of 570-575, stop...
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
NSE:UFLEX
The video is self-explanatory. Add this stock to your watchlist.
Aim for 5-8% if it breaks the trend line as it can be easily achievable in 1-3 days.
My belief is to choose high winning probability trade with a risk-reward ratio going from 1:1 to 1:2.
The reason for booking profit of only 4-8% is because the market direction is not sure at this point....
This stock is making higher highs & money flow index is showing some strength, so it can be a good for swing trading. it already gave a breakout from trendline, so If it breaks the preious high, it can give 50% returns in 3 - 9 months time frame.
Target 560 590 700
Stoploss can be 420.
