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sagarmurali22
Oct 7, 2020 9:52 AM

Long UjjivanSFB for a target of 48 in 2 weeks. SL 28.7 Long

UJJIVAN SMALL FINANCE BANK LIMBSE

Description

I am not a certified analyst, the charts shown here for study & learning purposes. Please share your views.
Comments
UnknownUnicorn9562757
When you get a bottle neck like this, (trend lines coming into 1 central point) this usually means their will be a major breakout, this can go either up are down, but you need todo some more analysis on this and also look at the fundamentals side of things to try to help you on where price will be going
sagarmurali22
@MrGeorgeFx, Thanks you so much for your comment. I can see an accumulation pattern in the chart and that's why I recommended to go long. Sure I will start studying at the fundamental side as you mentioned.
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