#Ujjivansfb Good For Swing Trading above 61.8 as it's High of Engulf candle #volumehunter
1) Very Good Volume Support
2) it will break upside of engulf Candle
3) Ascending Triangle Pattern on weekly Chart
Chart undergoing Triple (WXYXZ) correction as highlighted.
Pattern invalid if price closes above the red zone.
Hope I am wrong, otherwise the price can fall back to 23 level if triple correction plays out.
Do your own due diligence before taking any action.
Peace!!
UJJIVAN SMALL FINANCE BANK Positional long 1 to 2 years
Buy above 21 or buy on Dips best Buying/Accumulation Zone 18 to 22
Stop Loss below 16
Currently Its available at Covid Crash level and compared to similar Small Finance Banks under valued.
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for...
Hello
Welcome to this analysis about UJJIVANSFB , we are looking at daily timeframe perspectives. UJJIVANSFB in recent times heavily decreased with bearishness however it now moved into an oversold condition. UJJIVANSFB is developing here that will be a decisive factor in the upcoming times. I discovered the main formation UJJIVANSFB is developing here that will...
Short Term Cash Buy UJJIVAN @219.65-220.65 SL 213.4 TGT 233(Bullish breakout post consolidation)
Pivot break out on hourly chart at 214.
R2 breakout at 221 it's currently at same price.
TK cross over and cloud break out.
MACD cross over indicates more upside so go LONG.
