fly or fall?small fin stocks waiting for a small interest rate cut
personally building position slowly
B/O above 55-60 range
UJJIVANSFB trade ideas
UJJIVANSFB LONGThe 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 wave (5) will have about five subdivisions shown in red colour.
Wave levels shown on chart.
Level of Invalidation
The Wave (1) has been identified as the invalidation level at 33.50. Because As per wave rules Wave (4) cannot enter into the price territory of Wave (1). If the price falls below this level, it can indicate that the expected Elliott Wave pattern is not as it seems.
I am not a registered Sebi analyst. My research is being done only for academic interests.
Please speak with your financial advisor before trading or making any investments. I take no responsibility whatsoever for your gains or losses.
Regards
VJ
CUP & Handle Formation In Ujjivan Finanec BankAdd small qty here as it was on support
After Breakout Add More qty into this as its predection
Make more money as this is my view
Take this trade as your own risk
It's my overview on this share
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.
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 FINANCE BULLISH CHART# BULLISH #UJJIVANFINACE #UJJIVANSFB ujjivan finance looks like bullish pattern and the targets are given in the chart pattern
High conviction stock - UJJIVANSFBCheck this stock which has made an all time low and high chances that it makes a "V" shaped recovery.
> Taking support at last years support or breakout level
> High chances that it reverses from this point.
> Volume dried up badly in last few months / days.
> Very high suspicion based analysis and not based on chart patterns / candle patterns deeply.
DISCLAIMER : This is just for educational purpose. This type of analysis is equivalent to catching a falling knife. If you are a warrior, you throw all the knives back else you will be sorrow if it hits SL. Make sure to do your analysis well. This type of analysis only suits high risks investor and whose is willing to throw all the knives above irrespecitve of any sectoral rotation. BE VERY CAUTIOUS AS IT IS EXTREME BOTTOM FISHING.
HOWEVER, THIS IS HOW MULTIBAGGERS ARE CAUGHT !
UJJIVAN SMALL FINANCE BANKHi Everyone
As per my analysis I am long in UJJIVANSFB with SL 39-39.90 if only sustain below this level. It is obviously a good risk reward. if you think to invest for long term then UjjivanSFB is not a bad choice. stock is consolidating in this range from long time which makes strong support around 39-40 levels.
Disclaimer - This is my view only and i am not recommending anyone. Its your choice your money
#Ujjivan Small Finance Bank**Ujjivan Small Finance Bank: Investment Rationale**
**Current Market Price (CMP):** ₹40
**Recommended Buying Strategy:**
- **Phase 1:** Buy between ₹40 and ₹38
- **Phase 2:** Buy between ₹30 and ₹26
**Short-Term Targets:** ₹32, ₹37, ₹40+
**Positional Targets:** ₹40, ₹48, ₹55, ₹72, ₹100+
**Key Investment Highlights:**
- **Robust Loan Book Growth:** The gross loan book increased by 19% year-over-year (YoY), reaching ₹30,069 crore by Q1 FY25. This growth is driven by strong demand in the affordable housing (42% YoY) and financial institution lending segments (48% YoY).
- **Strong Deposit Base:** Total deposits grew by 22% YoY to ₹32,514 crore, with retail deposits comprising 74% of the total. A high proportion of retail deposits indicates a stable and granular funding base, potentially reducing the cost of funds and enhancing profitability.
- **Improving Asset Quality:** The bank has shown strong asset quality management, with Gross Non-Performing Assets (GNPA) decreasing to 2.3% from 2.4% YoY, and Net NPA reducing to 0.4%. This reflects the bank's effective recovery processes and low default rates.
- **Profitability and Return on Equity (RoE):** Despite a 7% YoY decline in Q1 FY25 net profit to ₹301 crore, the bank’s RoE remains robust at 20.9%, indicating efficient capital utilization.
- **High Capital Adequacy:** With a Capital Adequacy Ratio (CAR) of 24.85%, well above regulatory requirements, the bank is well-positioned to expand its lending operations while maintaining financial health.
- **Cost Efficiency:** Ujjivan's cost-to-income ratio improved slightly to 55% in Q1 FY25. As the bank scales its operations and leverages technology for process improvements, there is potential for further cost optimization.
These factors underscore Ujjivan's strong fundamentals, making it a potentially attractive stock for long-term investors.
Turning Bullish: Ujjivan Small Finance Bank LtdUjjivan is trading just below 50 EMA and above 20 EMA.
Bullishness can be confirmed if 20 EMA decisively crosses 50 EMA.
Need to wait for that to happen.
Or can enter at the current level for long-term investing option.
Volume buildup is marginal recently, signaling the momentum in the stock price.
Nearest Support: 43
Resistance: 56 - 60 levels.
BUY PLAN IN UJJIVAN SMALL FINANCE BANKDISCLAIMER:- This is not an financial advice, I will not recommend anyone to buy/sell
any assets just based on this. Please make your own analysis.
TRADE ANALYSIS: -
- Fundamentally stock seems to be good. Financial sector has been beaten down for a while. I personally believe in sectoral rotation and time has not yet come for financial sector. While financial sector seems bullish in near future, stock like UJJIVANSFB can give good returns as its relatively undervalued and has lot of potential to upside. Big funds such as FII and DII, both has been accumulating this stock for a while.
- Technically I see a cup and handle pattern being formed in longer timeframe
$UJJIVANSFB Bullish Pennant BreakoutNSE:UJJIVANSFB showing Bullish Pennant Breakout, may go up if the Market allow to do so;
Target : 65
UJJIVANSFB BULLISHUJJIVANSFB BULLISH
5th wave under formation , more than 50% move possible
high volumes may trigger up move.
A 40 % gain in Ujjivan SFBOne of the best fundamentals in industry
ROE = 27 %
ROE 3yr = 18 %
ROE 5 yr = 15 %
The chart indicating a clear 40% gain ( expected in less than a year)
#UJJIVANSBF .......Mid to long term bullish view NSE:UJJIVANSFB
As a Elliott wave practitioner I can say we are in impulsive wave.
Currently 4th wave going on which is nearly to end.
4th wave support 40 or in worst case 38
5th wave target could be 72 (if not then previous high)
In long term view I can say that a bullish pattern forming
Which called " Cup & Handel " pattern
Long term price target 110.
Stock is providing a good dividend yield of 3.55%.
Company is expected to give good quarter
Company has delivered good profit growth of 45.0% CAGR over last 5 years.
Ujjivan 3xCMP 40
Target 120
Stop Loss 30
If it falls below 30 this will not be a great stock and we will need to wait for W formation.
Fundamentally the stock is sitting over all time high profits and revenue.
Investment Pick - Buy at bottom
Investment Pick - Buy at bottom
Disclaimer:-
This is only for educational purposes. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index, or any other financial instrument at any time.
Ujiivan Small Fin Bank - Very risky. Best Above 48. SL-45Ujjivan Small Finance Bank
Cup and Handle in making. Bank reported poor numbers.
Its a risky setup, and risk takers should buy above 48 only.
Pro tip : Setup Alert for 48 price in your trading account and then enter.
Invalid below - 45 (stop Loss)
Disclaimer : Educational Content. Its all about probabilities and no one knows how things will shape. Please do your own research. !!
Ujjivan Small Fin 19/07/24 - Buying opportunity There has been 30% correction in the stock price from (63 to 44).
Stock has the potential to move upwards in coming days and would give good returns.
Short term target
upside target 48, 52
stop loss 43
Long Term Target
upside target 57, 68
Strong buy signal in charts, good opportunity to make 20 to 30 percent profit.
Stocks in Buying Zone:UJJIVANSFBThe stock has been in a Bearish trend for some time.
Trading near the strong support level of 44.
Can enter around 45 levels for an upside potential of 25% (55 levels)
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
========================
Trade Secrets By Pratik
========================
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.
Ujjivan Small Finance Bank - For Long Term InvestmentCurrently Ujjivan Small Finance bank is under consolidation.
This is best to buy Opportunity for Long Term.
