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.
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 FIN SERV: ( SHORT TERM DELIVERY).
TRADE BASED BTST METHOD.
UJJIVN IN 1 HR SWING TRADE HAPPEN BASED ON THAT ENTER THE TRADE.
SL: 1 HR CANDLE WILL CLOSE BELOW THE ZONE.
TARGET: WEEKLY RESISTANCE.
BTST: BUY TODAY SELL TMRW METHOD.
Check details in chart
Dear followers,
--Wherever I used the word sustain means not only buy or sell the levels on single spike, and enter immediately.
--Sustain means price should need to spend on time in our buy or sell level, then only enter.
--My preferable sustain price on time atleast 1hr close basis, sometimes i prefer 30mins,4hrs,day basis here everything...
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.
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.
