After falling from 435 levels, Ujjivan Financial Services
UJJIVAN
witnessed good buying activity today.
I can see that the stock has reversed after retracing 61.8% of its previous upmove, forming a Bullish Engulfing candle today.
Good opportunity to go long here with stop loss near today's lows for a target in the 408-420 zones.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
UJJIVAN
witnessed good buying activity today. I can see that the stock has reversed after retracing 61.8% of its previous upmove, forming a Bullish Engulfing candle today.
Good opportunity to go long here with stop loss near today's lows for a target in the 408-420 zones.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.