sagarmurali22

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

Long
BSE:UJJIVANSFB   UJJIVAN SMALL FINANCE BANK LIM
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1
I am not a certified analyst, the charts shown here for study & learning purposes. Please share your views.

Comments

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
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sagarmurali22 MrGeorgeFX
@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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