after consolidation breakdown will give a good move
Correction looks to be complete. At very good RR
THE STOCK HAS GIVEN A BREAKOUT ANDD MIGHT SHOW SOME BULLISH MOVEMENT AHEAD. THE BLACK TL WILL ACT AS A SUPPORT AND IF BN REMAINS SUPPORTIVE THEN ITS GOOD FOR LONG TERM ALSO.
stock at just near the support level. Keep an eye do not take any trade without confirmation.
Intraday Buy above 234 Target - 238, 242 Stop Loss - 230 Note - 1. Keep trailing stop loss of 2 after 1 st target. 2. Most of the time, Financial stocks move in the direction of Bank Nifty. So trade as per the Bank Nifty.
Ujjivan has broken out from an ascending Triangle pattern. Initiate Long. Target 1 : 265 Target 2 : 270 Stop Loss : 235
Ujjivan broke its trendline in last trading session, good to buy above 270
Ujjivan Finserv has been trading in a range for the past couple of sessions. The interesting part is what is taking place inside the range. Various VSA concepts are visible. Selling climax candle has been identified, which is a sign of change in trend. Volume has decreased in the stock, when compared with the volume during the last weeks of July. This suggests...
Target Rs 280 Fundamentally speaking the Moratoriums will be drag for the BFSI sector. The Stake selling should not have een a trigger but the inherent weakening of the business model is. Weak Momentum., Target Rs 280 Time Frame : 3 weeks.
a. Zone: Strong Bear b. Resistance 1: 263.35 c. Resistance 2: 265.05 d. Support 1: 227.40 e. Support 2: 218.85 NSE:UJJIVAN
Note: This is for educational purpose only. There is a bullish range breakout for Ujjivan with high buying volume. However, as RSI is at 70, there migh t be a consolidation before next up move.
Ujjivan Fin Services find rounding top pattern in 30 min chart so add to your Intraday Watchlist. Entery Price 210.70 Stop loss 212.70 Target 207.80
target 1 - 88 / target 2 = 98 with stoploss 174 if close above 200 then it will 205 to 210
good for buy above 192 put strict stoploss as reversal can happen
Ujjivan Financial Services has broken below from the symmetrical triangle chart pattern. Initiate sell. Target : 135/130 Stoploss : 173
Triangle formation. Wait for breakout.
TREND ANALYSIS & TRADE SETUP Wave Counting Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for entry setup, if available then Long/short. R:R is 7-8 times.