Ujjivansmallfinancebank
NSE : UJJIVANSFB - Train of this small finance bank left 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 the ‘economically active poor’ who were not adequately served by financial institutions.
disc: Invested , do you own research .
Ujjivan Small Finance Bank Trend AnalysisChart 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 yearsUJJIVAN 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 educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor before making any trading decision.
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UJJIVANSFB BULLISH BUTTERFLY PATTERNHello
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 be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how UJJIVANSFB has emerged with this key BULLISH BUTTERFLY PATTERN marked in my chart with the black boundaries. UJJIVANSFB is near support region which is an important support and also psychological support-mark together with the lower-boundary of the BULLISH BUTTERFLY PATTERN a pullback
In this manner, thank you for watching my update-analysis about UJJIVANSFB and its major BULLISH BUTTERFLY PATTERN with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight!