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Thursday, 22 June 2017

My Portfolio: Stock 6: Bought Ujjivan Fin Serv on Technical Basis

Hi, Bought UJJIVAN: Ujjivan Financial Services Ltd, 9 shares @ 330.5 on Technical Breakout , So total value approx 3000 rupees or 3K

UJJIVAN 9 Shares@330.5 with Stop Loss of  284 on close basis (L3 line) forthe Target of 375-395

Risk Reward ratio : 1:1 and more


Reasons for Trade: 

1. Bounce from strong Demand Zone (L3-L4)
2. Close above Fibonacci level and maintained the same
3. Bullish Bar reversal formation above resistance levels

So on final note:

UJJIVAN 9 Shares@330.5 with Stop Loss of  284 on close basis (L3 line) for the Target of 375-395

   

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