Long

Uflex-Reverse Head and Shoulder

Updated

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 loss should be below 530 on closing basis, target level are 650 then 675 then 690 in next 2-3 Months.

Trade closed: target reached

Ca_rakesh

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