#UJJIVANSBF .......Mid to long term bullish view
UJJIVANSFB As a Elliott wave practitioner I can say we are in impulsive wave.
Currently 4th wave going on which is nearly to end.
4th wave support 40 or in worst case 38
5th wave target could be 72 (if not then previous high)
In long term view I can say that a bullish pattern forming
Which called " Cup & Handel " pattern
Long term price target 110.
Stock is providing a good dividend yield of 3.55%.
Company is expected to give good quarter
Company has delivered good profit growth of 45.0% CAGR over last 5 years.
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