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Descending triangle - Ujjivan

Long
UJJIVAN FIN SERV (NSE:UJJIVAN)  
Trade-Wealth Updated   
NSE:UJJIVAN   UJJIVAN FIN SERV
Chart Patterns
9
4
chartpattern
UJJIVAN has formed descending triangle on daily charts, one can buy above 330 for target of 340,350 & 360 SL. 325.
Without breakout the pattern is failed.
Comment:
No breakout yet
Comment:
Today it gave breakout, buy at CMP 325
Trade active:
Above said targets
Trade active
Trade active
Comment:
Standing on selling amid pressure
Comment:
Weekly also gave break out, hold for 360.

snapshot
Trade active:
T1 & T2 done
Comment:
It appears like break away gap; igniting big uptrend. Will watch and decide above 350.

snapshot
Comment:
All targets done
Comment:
It is break away gap, it may dip or may not. By September expiry 400 is intact.
Comment:
Ujjivan has given fresh break out on double bottom chart with break away gap. Volumes are high, considering these facts, one can hold for fresh longs. targets around 380, 390 & 400.

snapshot
Trade active
Comment:
Trading high 372
Comment:
325 to 372 . Good jump
Comment:
Revised SL 348
Trade active
Trade active
Trade active
Trade active
Trade closed: target reached
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