Near breakout zone.
- Swing
- Ascending triangle pattern
- Potential breakout chart
- Trading in HH-HL formation
- volume buildup near the breakout zone
For Educational purposes only.
I am not SEBI registred.
Chart looks very positive, it broke major resistance in the monthly chart and retested the support line and moving towards north, it is a good risk to reward stock, it can be a investment or positional trade call
These are swing idea's which you can add your watchlist and analysis for yourself.
Keep on radar.
Potential upside stock!
This content for only education purpose!
I am not SEBI Register.
After several months under a parallel channel, ujjivan fin serv finally breaks out. Expecting to first reach 400, then 470 and finally stabilise at 513 in next 6 months... Pls exercise caution and watch out for fundamentals as well.
Here's another good opportunity to buy breakout stock. Volume har gone down while ujjivan continues to trade in close range around 280.. watch out for breakout around 300 n buy for 33% gain.. target 400 .. time frame 3-6 months
6 year diownside channel forming low time frame pattern of 5 month sideway triangle near upper resistance ,if it broke upside the 1st target
will be 450-460 and it broke downside it will touch 200 and then 150 and 118 before taking support from lower trend line of 75
Entry in Ujjivan Financial can be taken after closing above 282 closing. Targets will be 307 and 314. Crossing and closing above 314 can lead to a fresh breakout and in that case the long term targets for the company can be 341 and 365. Stop loss in the stock can be maintained at a closing below 257. Negatives about the company are that its Book value and RoCE was...
A very good stock, neat setup, heading in uptrend in a perfect parallel channel. Trading in the upper part of that channel. And may soon break the upper boundary. Very good to buy in every dip.
Ujjivan consolidating since long time in the range of 130s
I believe break our is already done
Flag and pole target should come around 210 levels.
Good buy
As one can see the chart of Ujjivan . the stock is in consolidation at current price of 138 -149 range. i expect price to move fast above 150 . showS good risk to reward .
