UNITY Trade1 . Bulish trend
2 . break of continution pattern
3 . break of resistance and sustane 4 . no bearish divergence
5 . long trade
UNITY trade ideas
UNITY-LONGUnity foods has formed a double bottom pattern so we will take a long entry at the break of neckline of double bottom pattern
UNITY is BullishThe macro trend of price action is bullish fueled by a humongous insider transaction. Bears assumed control of the price action for few months which resulted in a good retracement. However, now the descending trendline is broken and a double bottom reversal pattern has also formed that led to the break of previous lower high, indicating that bulls have assumed control of the price action now. First higher high is printed successfully and with bulls in the driving seat further highs are expected as per Dow theory. Moreover, the macro projections of AB = CD pattern also have targets of 40+.
PSX:Unity BreakoutPSX:UNITY daily chart
Breakout from range with high volumes
Stop loss can be set to 25
Unity can go to 27 and 30+ levels. This yellow line is a resistance for unity. It is 26.66 and if it crosses above it. It can cross 30+ level.
UNITYThe stock appears to be consolidating in a sideways trend. Long position can be consider around 28.70, while resistance lies at 30.80 and 32.40. A breakout above 32.00 could signal an upward trend. Consider range trading or pullback buying strategies. Always conduct thorough research and consult with a financial advisor before making investment decisions.
Unity is taking support from black line drawnIt seems that wave 4 of Unity is almost completed, however I will personally buy when it crosses 30.85 with potential target of 38-40. If you buy it above 30.85 then follow Stop loss of 27.30.
Unity is taking support from black line drawnIt seems that wave 4 of Unity is almost completed, however I will personally buy when it crosses 30.85 with potential target of 38-40. If you buy it above 30.85 then follow Stop loss of 27.30.
UnityFoods------Bullish Before Trend is Making lower low and lower high there is Divergence Came and Trend is Now Making Higher and higher low There is More Chances Of continue of Trend till Resistance stoploss and TP mention In the chart
UNITYThe price is currently sustaining support level around 23 and gives closing at 23.71. Moving forward, if it breaks and sustains 24 then bullish momentum creates. The first and second resistance levels lie around 25.50 and 27 respectively.
Morning Star* Bullish Divergence on Daily TF
* a beautiful Pin Bar followed by a Morning
Star on Daily TF
UNITY FOODS BUY iDEA at PSXThe Unity Foods seems to be in good buying range as the Bullish Divergence was observed and the price has broken the Lower High and forming new Higher Highs. The price is testing the Fib Level of 0.28.
Hence it is suggested to enter the market for the UNITY for a possible 20% gains.
what are your views about it ?
UNITY is BullishBullish RSI divergence has appeared on UNITY, which indicates that a higher low is confirmed and a break above the local lower high would confirm further move up in the price action. Targets are mentioned on the chart.
UNITY FoodsBUllish trend due to divergece.
No pattern has been shown.
Based on trend analysis and divergnce.
Open a long position
UNITYBearish ABCD Pattern completes around 22.50
Those who want to take Fresh Entry, I would
Suggest to wait for Buy2 level
UNITY1. Re-test of Weekly Trendline Breakout around 25-26
PLAN!
- Buy 1 : around 25.50
- Buy 2 : around 22 - 23
- TP 1 : 27
- TP 2 : 29
- SL : 20.70 (closing basis)
UNITY The Bulls have established Unity of Purpose among themselvUNITY 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.
UNITY:PSX forming a Symmetrical TriangleUNITY:PSX is presently observed to be in uptrend, printing HHs and HLs on 1D timeframe. However, it is observed to have formed a Bearish divergence on RSI alongwith forming a Symmetrical Triangle. Generally, Symmetrical Triangle is considered a continuition pattern and indicates continuation of the prevailing trend however, when read in conjunction with a Bearish divergence, we can be safely bet a break to the downside triggering a short entry.
Notwithstanding above, both Short and Long Entries have been marked on chart along with SLs and TPs.
unity - bullish continuationThe food stock made a massive bullish rally before making a healthy correction. It seems that correction period has been completed and its ready to resume bullish move. This time, target is likely to be around 39 as shown in bullish ABCD pattern.
UNITY PSX - BEARISH DIVERGENCEThe stock is trending bullish and has made a bearish divergence. It may go down. Long positions may be looked for at support levels on the chart.
