kalyanganguly

UJJIVAN - Bullish Divergence

Long
NSE:UJJIVAN   UJJIVAN FIN SERV
Note: This is for educational purpose only and do not trade in F&O.

Price seems to be making lower lows whereas corresponding RSI seems to be making higher highs. Seems like Bullish divergence . Moreover, there seems to be a formation of bullish inverted hammer at last swing low.

SL: 234₹

Comments

Target?
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kalyanganguly apoorvsinghasr
@apoorvsinghasr, I usually keep the target as twice the stop loss difference.
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