devdhodi

Pattern Breakout in Ujjivan Small Finance Bank

Long
NSE:UJJIVANSFB   UJJIVAN SMALL FINANC BANK
This is swing trade for a bullish breakout which can be observed in ujjivan small finance bank. An inverted head and shoulders pattern can be easily spotted on the chart which appears very clean.
ENTRY- 28.15
TARGET 1- 30.60
TARGET 2- 33.35
TARGET 3- 34.70
All these targets are listed by keeping in mind the price action of this stock and the strength behind the breakout.
Also, consider a time frame of about 20-25 days for this trade to reach its outcome.
At micro-level, markets may look choppy and uncertain which makes it difficult to trade. But if you observe it from a higher glance you may find opportunities very well.
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