Vikas_Narayana

Long Term Bearish UFO Moviez. Correction still in place!

Short
NSE:UFO   UFO MOVIEZ INDIA
UFO might seem to run and go towards Rs100-115 but I believe it will be a Buyer Trap for us. Long term perspective is bearish.

But if any how this scrip shows good numbers and profits in quarterly results and the price closes above Rs120 on a weekly basis the trend shall change to bullish.

Until this doesn't close above Rs120 DO NOT BUY for investment or long term.

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