Ujjivan Financial Services - All set to rally ?

After falling from 435 levels, Ujjivan Financial Services NSE:UJJIVAN witnessed good buying activity today.

I can see that the stock has reversed after retracing 61.8% of its previous upmove, forming a Bullish Engulfing candle today.

Good opportunity to go long here with stop loss near today's lows for a target in the 408-420 zones.

Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.


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