UNITY is a premier food company. It hit the lowest low in May 2023. From their it had a sharp rise followed by a consolidation period.
Dotted trend line shows the trend it has been following from August 2023.
with the start of this week the security displayed a sharp rise in price this rise has strongly supported by the hefty volumes which shows the commitment of bulls.
Yesterday the price crossed over the trend line but couldn't sustain whereas this landmark has been achieved today. On Friday we expect the next blue line, denoting the mid-October high shall be crossed.
The crossing of this 1 month price barrier shall depict the strength of bullish momentum.
From here onwards is target shall be 29.60, the three & half month price high. After this hurdle the ride to our Target Price shall be smooth.
SL & TP has been marked on the chart for convenience.
Have a profitable trading.
Dotted trend line shows the trend it has been following from August 2023.
with the start of this week the security displayed a sharp rise in price this rise has strongly supported by the hefty volumes which shows the commitment of bulls.
Yesterday the price crossed over the trend line but couldn't sustain whereas this landmark has been achieved today. On Friday we expect the next blue line, denoting the mid-October high shall be crossed.
The crossing of this 1 month price barrier shall depict the strength of bullish momentum.
From here onwards is target shall be 29.60, the three & half month price high. After this hurdle the ride to our Target Price shall be smooth.
SL & TP has been marked on the chart for convenience.
Have a profitable trading.
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