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UPP trade ideas

Union Properties - DFMIt has performed well and is in short term bull trend. I can see possibly 2 scenarios from here. 1) It test 200 ema and retraces back at 200 ema level and resume the rally. 2) It Test 200 ema and retraces back to its first near term zone that is 0.250 - 0.255 and resume to rally UPP is at a important test levels which will decide its future moves. I will not take any position on this till the move is confirmed. Did you like the analysis? Hit like & Follow
DFM:UPP
by stalkstock
2
Union Properties - DfmFinally today it gave a nice and decisive breakout on daily chart with a good volume. It broke the resistance of 0.250 in the last trading hour. It have successfully tested 50,75,100 ema and how it faces a real challenge of passing 200 ema to have a confirmed near mid term uptrend. I am in the trade at 0.249 and holding it till my next target 0.275 as a intraday trader i might close to position before the target it reached cuz of uncertainty in the markets. Happy Trading!! Hit Like, Follow
DFM:UPPLong
by stalkstock