R_A_G_A_S_J

UJJIVAN

Long
R_A_G_A_S_J Updated   
NSE:UJJIVAN   UJJIVAN FIN SERV
* On the weekly chart stock price has formed "CUP & HANDLE " pattern and has given breakout on closing basis
* This breakout is accompanied with increase in volume which supports bullish sentiments ahead
* The daily and weekly strength indicator RSI and the momentum indicator Stochastic both are in positive territory which supports upside momentum to continue in near term.
* Stock price has given positive crossover from its 20 day SMA which indicates positive bias.
* The above analysis indicate an upside of 328.15 - 335.30
Comment: Stock made high till now at 329. 4% up. Intraday.
Trade closed: target reached: Stock closed at 335.80. 6.17% up Intraday.

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