DISCLAIMER:- This is not an financial advice, I will not recommend anyone to buy/sell
any assets just based on this. Please make your own analysis.
TRADE ANALYSIS: -
- Fundamentally stock seems to be good. Financial sector has been beaten down for a while. I personally believe in sectoral rotation and time has not yet come for financial sector. While financial sector seems bullish in near future, stock like UJJIVANSFB can give good returns as its relatively undervalued and has lot of potential to upside. Big funds such as FII and DII, both has been accumulating this stock for a while.
- Technically I see a cup and handle pattern being formed in longer timeframe
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