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Trade-Wealth
Aug 16, 2017 12:06 PM

Descending triangle - Ujjivan 做多

UJJIVAN FIN SERVNSE

描述

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.

评论

No breakout yet

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Today it gave breakout, buy at CMP 325

交易开始

Above said targets

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评论

Standing on selling amid pressure

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Weekly also gave break out, hold for 360.

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T1 & T2 done

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It appears like break away gap; igniting big uptrend. Will watch and decide above 350.

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All targets done

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It is break away gap, it may dip or may not. By September expiry 400 is intact.

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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.

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Trading high 372

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325 to 372 . Good jump

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Revised SL 348

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交易结束:到达目标

评论
IamRam
Nice analysis and early finding boss. You picked it up pretty early, and it followed up quiet well. Impressive.
Trade-Wealth
@IamRam, 🙏🙏🙏
sausawan
Will it turn out to be bearish descending triangle and break the support? Whats your view.
naitikgolakiya
It should Break down
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