Hi, Here I am sharing NSE:UCOBANK levels which could be react as support and resistance for coming days. Note: This is my personal analysis, only to learn stock market behavior. Thanks.
PSU Bank Rally still remain . Huge volume is seen in PSU sector due bjp victory . Above 40 it will be rock ...
FILATEX 46.90 TGT 55 SL 43 TF < 6M Return > 17% ++ RR > 2.5 Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk...
UCO bank has broken out of bullish pennant in Weekly/Daily Timeframe, One may consider to go long with SL at previous swing low, 26 , target 45-50. For a holding period of about 4-8 weeks. Happy Trading, DYOR.
FLAG AND POLE PATTERN FORMATION IN UCO BANK Uco Bank made Flag and Pole pattern in Weekly Timeframe But price is still trading inside rectangle(Flag). We have to wait till the price to go up and break the upper side of Flag. If it successfully breaks and closes above 28.55 . Then there will be a nice Long trade in UCO Bank . Entry = Above 28.55 ...
Buy at 33 Sell at 38 45 Exit below 27 on daily closing basis Book profits accordingly.
Analysis, Target, and SL are mentioned in the chart itself
UCOBANK EQUITY levels ...13/07/2021 (D candle)
This could result in a resumption of the uptrend. A closing above the UTL could confirm this. A break below would negate the setup.