Is UNIVERSAL CABLES in uptrend or downtrend?

In the short term price movements in UNIVCABLES share indicates the market is Sideways. However, bulls are trying to take control.

What is UNIVERSAL CABLES share price forecast for tomorrow?

In Universal Cables Limited stock current resistance level is at 631 and support level is at 544. Though market is closer to resistance level there are good chances till these ranges are broken, market would stay Sideways.

What are UNIVERSAL CABLES support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Universal Cables Limited in the short-term, the supply zone around 631 and 630. Hence, good chances of resistance around 630. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Universal Cables Limited share is around 544 and 540. Hence, good chances for support around 540.

Why is UNIVERSAL CABLES share price falling today?

Perhaps UNIVCABLES stock is just having volatility. It can be viewed as an opportunity, unless overall long term trend and mid term trend is Bearish.

UNIVERSAL CABLES Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data