💥$UNI

UNI/USDTLtp 10.769

bullish

BUY

Entry10.76Target11.5Stop Loss10.5

70%

Trade Confidence

SupportsResistances

10.510.310.1

10.81111.5

Chart Patternsascending triangle

Additional Analysis

The stock chart shows a bullish sentiment driven by an ascending triangle pattern, which is a continuation pattern indicating potential upward momentum. The recent breakout above the resistance level at 10.80 suggests a strong buying interest, pushing the price towards the next resistance level. Technical indicators support this bullish sentiment. The RSI is above 30, indicating that the stock is not in oversold territory, and the MACD shows a bullish crossover, reinforcing the upward momentum. Additionally, the price is trading above the 50-day moving average, which is a positive signal for buyers. The target price of 11.50 is set above the current resistance, with a stop loss placed at 10.50 to manage downside risk.