Trade-Wealth

Descending triangle - Ujjivan

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NSE:UJJIVAN   UJJIVAN FIN SERV
UJJIVAN has formed descending triangle on daily charts, one can buy above 330 for target of 340,350 & 360 SL. 325.
Without breakout the pattern is failed.
評論:
No breakout yet
評論:
Today it gave breakout, buy at CMP 325
交易進行:
Above said targets
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評論:
Standing on selling amid pressure
評論:
Weekly also gave break out, hold for 360.

交易進行:
T1 & T2 done
評論:
It appears like break away gap; igniting big uptrend. Will watch and decide above 350.

評論:
All targets done
評論:
It is break away gap, it may dip or may not. By September expiry 400 is intact.
評論:
Ujjivan has given fresh break out on double bottom chart with break away gap. Volumes are high, considering these facts, one can hold for fresh longs. targets around 380, 390 & 400.

交易進行
評論:
Trading high 372
評論:
325 to 372 . Good jump
評論:
Revised SL 348
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交易結束:目標達成
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