Ujjivan Small Finance Bank to Go up in Mid Term and Long TermUjjivan Small Finance Bank has crossed its resistance trendline. Considering the fundamentals, the bank may struggle in mid term but a uptrend following the breakout is very likely in the near future.
Monthly Stochastic RSI also suggests that the stock is oversold right now, which indicates a reversal in a few months.
UJJIVANSFB
Ujjivan Small Finance Bank Builds Momentum for Rebound◉ Since its launch, the stock has faced a dramatic decline, dropped nearly 80% from its peak.
◉ Once it found support around the 12.5 mark, the stock began to rise again, formed an Inverted Head & Shoulders pattern in the process.
◉ After breaking out, the price surged to an all-time high near the 61 level, only to experience another notable drop.
◉ At present, the stock is trading at the previous breakout point and is expected to rebound shortly.
UJJIVANSFB Trading Within Fresh Demand ZoneUJJIVANSFB is currently trading at ₹34, positioned within its demand zone between ₹34.5 and ₹33.55, established on 30th May 2023. This fresh zone has not yet been tested, indicating potential buying interest around these levels. Investors may consider observing this range for signs of support, which could trigger a rebound.
Ujjivan Small Finance bank good to study NSE:UJJIVANSFB
Its on Near to support of FIB ZONE
Good to keep on the radar
Always respect SL & position sizing
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Trade Secrets By Pratik
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This is our personal view and this analysis
is only for educational purposes
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UJJIVANUJJIVAN:- Stock has formed cup and handle pattern, plan something only after breakout till then keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
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Long Setup in Ujjivan Small Financ BankA bullish flag & pole Chart Pattern Breakout completed on the Weekly Time frame of NSE:UJJIVANSFB
Price Action nees to be supported by volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list and initiate the long trade as per the levels mentioned on the chart
Stop loss will be on a weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish flag & pole Chart Pattern
Technical Indicator :- Positive MACD Crossover
Disclaimer: This is for Educational Purpose only.
UJJIVANSFB: Formed a Cup & Handle PatternUjjivan Small Finance Bank formed a Cup & Handle Pattern and started give breakout from 34 level.
Stock can be accumulated around 36-37 level.
T1 is expected at 38 and T2 is expected around 43. Overall expected target is 53
Set stoploss at 28 and increase the stoploss when stock moves up.
Pattern is tracked on weekly chart.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
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
UJJIVANSFB - Long Setup, Move is ON..NSE:UJJIVANSFB
✅ #UJJIVANSFB trading above Resistance of 34
✅ Next Resistance is at 44
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Ujjivan Fin servLong ujjivan Fin services only after the BO of Both TL marked on the charts. Long avove 180 Target 220-250 with SL 150. Good risk to reward trade. This is for your educational purpose only.
Falling wedge on UJJIVANSFB 1W - great time to buy The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge. In contrast to symmetrical triangles, which have no definitive slope and no bias, falling wedges definitely slope down and have a bullish bias. However, this bullish bias cannot be realized until a resistance breakout occurs.
My idea is to take the RSI into account which is breaking out the trend line.
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
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
Ujjivan is moving well, headed to Rs400NSE:UJJIVAN has good days to keep coming. A financial sector boost is in the making in our country. Financial companies are well poised and will perform good in years to come.
The chart of Ujjivan henceforth will trade as per channels drawn.
Target: Rs400/Rs600
Ujjivan Small Finance Bank - Good for Investing
Ujjivan Small Finance Bank
At the level of breakout possibility. Can buy and accumulate for lng term investment.
Targets: 33, 37, 44
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**Disclaimer: I am not a SEBI registered consultant/Advisor. It is completely my view and opinion. My intention is not to provide any financial advice, training advice, or any type of advices or any recommendations on stock buying or selling. Please do your own research and consult with your financial advisor before taking any action. I am not responsible for any of your action on buying or selling or holding the above mentioned stock or/and index.
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UJJIVANSBNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
UJJIVAN LONG (STRONG BUYING LEVEL)BUY UJJIVAN 211 SL 202 TARGET 241/ MAXIMUM TGT 273
VERY STRONG BUYING LEVEL