UJJIVAN | Multiyear Breakout📊 DETAILS
Sector: Finance Term Lending
Mkt Cap: 7,310 cr
Ujjivan Financial Services was registered with Reserve Bank of India (" the RBI") as NBFC-MFI under Non-Banking Financial Company Micro Finance Institutions (NBFC-MFIs) directions on September 05, 2013. The Company received approval from the RBI to set up a Small Finance Bank.(Source : 202003-01 Annual Report Page No:78)
TTM PE : 8.77 (High PE)
Sector PE : 32.05
Beta : 1.13
📚 INSIGHTS
MC Insights PRO
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.
2.14% away from 52 week high
Underperformer - Ujjivan Financial Services up by 2.95% v/s NIFTY 50 up by 4.7% in last 1 month
📈 FINANCIALS
Piotroski Score of 5/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
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UJJIVAN
EXCITING BULLISH PATTERN ALERT📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Rising Channel
📌 Symbol/Asset: UJJIVAN FINSER
🔍 Description:
Moment Stock at a very Strong Support.
Note: A multi-bagger idea for Long Term, already given 50 % + returns in the last few months.
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
ujjivan financial service 450 ?after a very good consolidation against trendline of falling wedge. we can se a break in trendline of ujjivan financial we can long this share at current price for 450
UJJIVAN: Uptrend ChannelNSE:UJJIVAN is in an uptrend channel.
Concern is: volume is yet to pick up.
So it has the both sides trade possible.
Trade:
BUY above 300, SL: 298, T: 303/306
SELL below 295, SL: 297, T: 292/289
UJJIVAN - Ichimoku Bullish Breakout Stock Name - Ujjivan Financial Services Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 250
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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Flag and pole breakout in ujjivan This is best example for Flag and pole breakout in a daily chart frame in Ujjivan fin Ser.
157-163 was a major resistance, stock consolidated in that range and on 26-07-2022 we saw a breakout candle with good volume, which confirmed flag and pole breakout.
Stock has a potential to reach 192 range.
164 should be the first support and 155 will the next important support.
147 range should be the stop-loss.
This is just a view not a recommendation to trade, do your own analysis before taking any trade.
Share your opinion in the comment section, happy trading.
UJJIVAN - SWING TRADEUJJIVAN - SWING TRADE
Long in Ujjivan at 160
SL 152.15 DCB
TGT 173/183
A good RR ratio trade ;)
UJJIVAN AT CRUCIAL LEVEL OF 145This level is the most frustrating level I ever saw.
Note only enter if it sustain above 145. otherwise avoide
#ujjivan buy setupinverted HNS Chart pattern Under formation. the chart has a good risk-reward ratio, conservative players enter after pattern confirmation.
UJJIVAN at crucial short term resistance of 1451) Exactness of this 145 level is very attractive very few times we see some exact level.
2) Earlier it was support now it is resistance
3) recently we have seen a channel pattern breakout
4) in very short term the trend is positive
Note Look for buying opportunity only after breakout
Ujjivan is at crucial resistance zone 1) crucial resistance zone
2) trend line
3) double bottom pattern breakout
note : keep small sl and only enter after breakout confirmation
HOW BIG PLAYERS FOOLS USon this chart you can clearly see a triangle pattern and a crucial support zone. This chart pattern is visible to all public
what can you anticipate where the major stop losses would probably be place or when the buyers will panic. It is obvious around the support zone . The big players manages to make a small move in direction to the probable stop losses and a series of stop losses start to trigger then a sharp selling starts and what happen after that price reverse and most of the traders are out of the game they get frustrated seeing prices going into there favour after hitting their stop losses.
In this situation the Stop loss are more predictable so the big players use this opportunity.
Ujjivan making a flag pattern 1 whenever it make flag pattern on daily it gives a big breakout
2 the consolidation is very ideal
3 volume pattern also supportive
4 only one problem is there that the trend is strong bearish
Ujjivan Financial Services Ltd. going to touch again 196 soonOn the Daily chart, the Share holds a major support level near 130 and breaks the resistance with a high-volume candle. After more than 3 months of Staying between range and breaking it on Friday with ever seen such a volume candle. If he holds it and momentum continues as per the chart then it going to test again at 196 levels in the near future.
Short term target is 196 from the current level
Long term target is 250 in3 to 6 months
Ujjivan FInServ - Ready for UPMOVE with Small Risk Ujjivan FInServ - Ready for UPMOVE with Small Risk, Taking Support at a good level, if sustain then we may see good upmove from here
Flag pattern in UjjivanUjjivan is consolidating around the major resistance level of 167
Also the overall pattern in short term is looking like a flag pattern
After consolidation breakout and the resistance breakout we ca see a sharp upside rally.
ujjivan fin 160 DCB EXPECT 200 levels soonkeep radar on 160 levels in coming days.we should expect 200 levels shortly
Long Ujjivan Small Finance BankUjjivan Small Finance Bank
NSE:UJJIVANSFB
CMP - 31.9
Stop - 25 on DCB
Expectation -
T1 - 45
T2 - Open, Review at 45
Expected Holding Period - 80 trading days or earlier for T1
View:- Swing/Positional
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
Bottom fishing in UJJIVAN?!UJJIVAN has touched its Mar'20 Covid low of 125 and has bounced off the 125 support with heavy volume. We also see bullish divergence in RSI. An ideal candidate for bottom fishing! Buy here for maximum profit potential.
Less risky players can wait for higher low on the Daily chart before initiating long trades.
UJJIVAN Small finance bank may Bounce back from 2020 supportcan buy with a stop loss of 25.
27 could act as a strong support .]
if it breaks downtrendline then upside potential is huge
