Rocky_Chow

Yet to catch up with the Bank Valuation

Long
Rocky_Chow Updated   
NSE:UJJIVAN   UJJIVAN FIN SERV
The holding company and the bank are making similar moves .... while the bank share price just reached a triangle breakout target earlier today, this one is still in formation... date for expected breakout is between 16 - 19 December and target of 340 should reach by 28 December...Stop loss would be a close below the triangle support line..
Trade closed: stop reached
Comment:
excellent recovery in the second half yesterday with a doji and the price coming back inside the triangle....may take a positiona again on monday if the stock trades strong

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