UJJIVANSFB: Formed a Cup & Handle Pattern
Ujjivan Small Finance Bank formed a Cup & Handle Pattern and started give breakout from 34 level.
Stock can be accumulated around 36-37 level.
T1 is expected at 38 and T2 is expected around 43. Overall expected target is 53
Set stoploss at 28 and increase the stoploss when stock moves up.
Pattern is tracked on weekly chart.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
Stock can be accumulated around 36-37 level.
T1 is expected at 38 and T2 is expected around 43. Overall expected target is 53
Set stoploss at 28 and increase the stoploss when stock moves up.
Pattern is tracked on weekly chart.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
Transaction en cours
Breakout already happenedNote
First target of 38 is achieved.Transaction en cours
Second target of 43 is also achieved.Note
Price crossed 47 level...Transaction en cours
Price crossed 52 level. Almost there.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.