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.
Ujjivansmallfinancebank
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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Disclaimer
NOT SEBI REGISTERED
This is our personal view and this analysis
is only for educational purposes
Please consult your advisor before
investing or trading
You are solely responsible for any decisions
you take on basis of our research.
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
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