If u see in chart trend line is breaked but there is resistance zone on upside,,,,,once resistance zone is breaked I.e level of 47 rs,,,,,,,then the target will be 80rs ,,,,,,,,,,,according to fibonacci retracement
Falling trendline breakout can happen in UCO Bank in weekly and monthly charts buy after breakout or after retracement upto falling trendline target will be equal to length of poll
Uco Bank Fresh breakout Buy for swing trading Target for 50 Stop loss 32 For Everyday Updates follow.
*Daily Breakout With Good Volume *Bottom Shifting Up *First Target is ATH than 53 atleast. *Plan Your Trade * Entry Rule use 50% buy here and rest at retest if cone * Short Term SL-30 but logical 27 * if want to play shrot term then target is 38 and SL-30 * Long Term Target-53 and SL-27
Chart is forming a flag and pole pattern in monthly time frame. May go long at cmp.
TARGET :- 1:2 (33.85) to 1:3 (36.40), or change it according to your preferance. STOPLOSS :- 26.20, or change it according to your preferance. This is for educational purpose. Do your own research before investing.
Strength Gaining Stock! UCO Bank #UCOBANK 1- Cup & Handle Formation 2- MACD Positive Crossover 3- High Weekly Volumes Note: Technical Analysis is for Educational Purpose. I am not SEBI registered. Consult your financial advisor for any Investment Advice.
Reason for long a) Triangle breakout b) volume and price spurt c) SL compulsory
5 Steps Analysis of UCO Bank 1. Banking Sector and PSU Banks are leading the market well. We had seen that from last week all Banking Stocks Performing well. 2. All PSU Banks are currently at value buying Levels. 3. Among them UCO Bank Performing well and on Daily TF we can see that Stock has made CUP Pattern Formation with high volume. 4. All Momentum Indicator...
Keep on the radar this script. Remember to always trade with caution and to carefully consider your risk management strategy before making any trades. Happy trading!
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 ...
UCOBANK Dt-03-04-2023 CMP 26 near breakout wait for right lavel
Reason for long a) Mr.14 set up b) triangle breakout c) SL compulsory
Volume is not available .. It is showing Negative pattern . Wait for Breakout . Big Red Candle require for short . Big Green Candle Require for Long . If long then Target will be 34 + Stoploss will be 30 . This for education purpose only .
Buy at 33 Sell at 38 45 Exit below 27 on daily closing basis Book profits accordingly.
go for short of minimum target 32.35 with sl 38.1
*UCO Bank Ltd.* Multiple Year Trendline 14% Upside Needed @ 33.70: To Break MultiYear Price Trendline Then Good to Go!!! Strong Vol. Consolidation/Further BuiltUp *With Upside, Trail SL* *Book Profit as per Risk Appetite* Important Resistance at 46 / 56 / 64 *Do Your Own Research as Well. This is Just an Opinion.* Happy Investing :)