Please consult your financial advisor before investing.This is only for learning purpose of chart.
We are NISM certified EQ and MCX trader but SEBI register not investment advisor.
You can connect me on INSTA for further query at _prem_.23
Stock broke the trend line and retest again now it broke with volume and bullish candle it can go further once the high is...
Sector: Bank - Private
HTF such as Weekly & Monthly strongly bullish st.
now price in a HTF demand zone .....
LTF turn bullish n starts making HH & HL....
so accumulate in a gradual manner for the target all time high with maintaining SL around 47...
keep in mind that Price may take some resistance around 58/59 at HTF downward slanting trendline....
The Elliott Wave Theory's description of the structure and pattern of price movements in financial markets is known as the Elliott Wave Structure.
The Elliott Wave analysis indicates that the stock has completed waves (1),(2), (3), and (4), which are shown as blue numbers on the daily chart. Wave (5) appears to be underway at this time.
It is anticipated that...
UJJIVANSFB gave a gap up opening today, attempted a follow up BO after a recent BO that broke a long weekly base.
Volumes are showing here, this might carry ahead. Good to keep an eye for this if some supply forces it to make a handle before breaking out.
60 to 62 is long-time resistance, Holding near ath with HH formation, Previously BO box and never tested the same level, Watch 60 to 62 level. # Manage your risk # For leaning purpose
Look at this Amazing Setup
UJJIVANSFB ( Weekly Chart)
✅Keep in Focus 📊
+ Volume and Volatility Contraction at the resistance
+ Shakeout candle on Daily TF
+ Nice Volume Buildup
+ Trading above Key EMAs
+ Setting up a low Cheat Entry on Daily TF
+ Look at the Chart for more understanding
- strong accumulation in the last two weeks.
- wait for q3 results on 24/01/2024
- entry after closing above 63
- Volume buildup
- Trading above Key EMAs
invest on your own judgement. not an investment advice
UJJIVAN:- 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.
will be posting more such ideas like this. Until that, like share and follow :)
check my other...
Buy UJJIVAN SMALL FINANC BANK
Around 59-60
Stop Loss: 57.8 (2Rs)
Target 1: 63.80
Target 2: 65.80
Target 3: 71
Possible 20% upside
Trade as per your risk reward.
#UJJIVANSFB - Following a breakout from a well-defined flag and pole structure, the stock underwent a brief consolidation before experiencing another breakout. I expect the stock to reach a new high in the upcoming days.
![UJJIVANSFB: UJJIVANSFB Attempted BO [DAILY]](https://s3.tradingview.com/j/jaMBWaAa_mid.png "UJJIVANSFB Attempted BO [DAILY]")
