USFB May hit 82?
Ujjivan small finance bank looking like in a turnaround phase and first accumulation happened between 13-33 range and acceleration happened from 33 onwards. but now we can see 82 in short to medium term in ujjivan small fb. but keep in mind after completing phase 3 wave will be coming back to 40-50 level once again. 20-22% may on the cards.
regards
Ujjivan Small Finance Bank is currently trading close to its all-time high. The stock is in a consolidation phase, hovering around the breakout zone. This suggests that there is a potential for a significant price movement in the near future. Traders and investors can closely monitor the stock's behavior as it consolidates, anticipating a possible breakout that...
#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
Ujjivan Small Finance Bank
Hello All My Friend
Stock Trading On Symmetrical Triangle Breakout Zone. This Stock Look Strong And After Breakout Its Go Higher.
Buy Above : 60.5-61
Stock Loss bellow : 53
Target Near : 72-75
Disclosure : I am not SEBI registered.The information provided here is for education purposes only.I will...
The stock gave a good neckline breakout of C&H pattern on daily charts with good volumes and on weekly and monthly charts, the stock has formed nice cup pattern and near its All time high. Also, overall trend is up with all moving averages rising. Looking good .
NSE:UJJIVANSFB
Ujjivan Small Finance Bank Limited is a mass market focused bank in India, catering to financially unserved and underserved segments and committed to building financial inclusion in the country. It started its operations as Ujjivan Financial Services Limited, a Non-Banking Financial Company in 2005 with the mission to provide financial services to...
Buy 59-60
Stoploss 53
Target 70-78
Holding Time 2-3 month
Disclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel suggestions.Consult your financial advisor before taking any decisions.
Stock Showing Good Volume, Chart Make Pattern With Good Volume, Price Increses With Incresesing Volume , Price Fall With Low Volume. If Price CrosS Neck Line Of Pattern With Good Volume Then Price Will Go Up Very Sharply.
THIS IS FOR EDUCATION PURPOSE ONLY
Small finance banks tend to perform well, especially during festive seasons when people buy a lot of electronic equipment. During these times, loan disbursements tend to rise. This trend is evident with companies like Bajaj Finance, which is approaching its all-time high. The same applies to Ujjivan Bank.
An advantage for Ujjivan Small Finance Bank is the...
Stock Name : - Ujjivan Small Finance Bank .
Range Breakout seen with huge volume spurt.
Stock is Retesting it's Breakout Level.
Company has delivered good profit growth of 176% CAGR over last 5 years.
After a sideways range stock breakout with highest volume of previous 2 months
MACD Bullish crossover done
RSI indicate Bullish
Dema also indicate Bullish on stock.
Bullish setup for long position.
Disclaimer This is my personal view for education purpose only.
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!!
