Ujjivan financial services is trading in ascending channel and looks good to buy @ cmp - 363, with targets of 390, 420 and 440 and stop-loss of 343...
Holding on strong support and we should expect up move from here if the support is held.
If it is broken, there will be a strong support at 1030
The last support is at 133, which should hold. If it is broken, then can not be assessed till it recoups the level.
Near short term support at 779, which if broken then a long term support is at 732.
In its present down move support likely to come around 2350
If bearishness persists, support may come around 1830-1850
There is a minor support at 3950. One hopes that the said support holds, which will be known in the next week.
Tomorrow it should close above 1385 for any upmove there after.
Bank nifty looks good for positional short, as its forming inverted C&H on hourly chart. CMP-30680, looking for targets of 30200, 30000 & 29800 with stop-loss of 30875
Keep on radar!! Disclaimer:I am NOT SEBI registered. THE OPINION GIVEN OR THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
Disclaimer:I am NOT SEBI registered. THE OPINION GIVEN OR THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
However in case of any down trend, support will be found at 180, a very strong support
Break out can be seen if it crosses 470 and remains above it for a couple of days.