MrAkshatP

Channel Breakout { Very Bullish }

Long
MrAkshatP Updated   
NSE:UJJIVAN   UJJIVAN FIN SERV
Ujjivan Fin Serv has beautifully took support over the support line and broke the channel with a very big no. of volumes...

Points which confirms Bullishness :

1. Took support on support line and based on that support, It has broken Channel...
2. Very High no. of volumes traded on the last trading day of week..
3. Looking towards higher time frame (weekly) A very Bullish Engulfing candlestick pattern is formed..

Charts are clearly indicating that it may touch 450 zones again...

Targets are 335/350/370/390/420/450+
SL: 305

Risk Reward Ratio is perfect....

Note: Do your own study before making any position...
Please Like, Follow and Comment your views below...
Trade active
Trade active
Trade active
Trade active:
started moving towards 1st target
Comment:
retesting support line can see enter near support line with strict SL
Comment:
*can enter near support line with strict SL...
Trade closed: stop reached:
SL triggered
Trade active
Trade closed: target reached:
1st two target reached :D
Trade closed manually

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.