amankavi
Long

Ujjivan : Swing inverse rounded (Intra-day)

NSE:UJJIVAN   UJJIVAN FIN SERV
Scrip can take the bullish surge further after breakout if momentum continues
Levels mentioned in chart..
Entry above 335-336 (Post confirmation)
TP = 339, 343, 350, 355
SL can be taken as per risk appetite
Somewhat, Similar formation seen like for Auro wherein, the breakout occurred :)
Trade active
Trade closed manually: TP 2 reached - 342
Comment: Trade can be re-entered by revising SL after scrip manages to cross 343 with bullish momentum as the rise had been in past few hours..
News and sentiments which can anticipates or reflects the company's stock trading volumes :-
Hiren Shah resigns as CFO
+
Intimation for RBI approval for conversion of the Company from NBFC-MFI to NBFC-CIC
Trade active
Trade closed manually: Exited and booked partial profits. The bullish momentum is yet to be seen in flow after swing trade
Comment: Scrip has managed to swing back after exhaustion gap. Can we see breakaway gap supported with high volume surging towards targets as defined..
Entry above 350-352
TP = 355, 358,362, 365
If momentum continues, Target till 380 - resistance (C)
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