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Ujjivan Triangle Breakout

  • Madan Gopal
  • Nov 5, 2017
  • 1 min read

Ujjivan Financial Services Triangle Breakout. This week this stock have given a long term resistance trend line breakout with high volumes, this breakout also confirms the long term triangle breakout. At this breakout 20 EMA crosses above the 100 EMA that confirms the starting of uptrend in the stock. MACD signal line crossover of MACD and current level of RSI suggesting strength in the stock. The first resistance the stock would be facing around 480. The stop Loss would be place around 320.

 
 
 

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