Ujjivan has been on a downtrend since making the ATH in Dec 2023. Since Feb 2025, there has been a reversal where the stock is making Higher Lows while respecting the support trendline. Since the ATH, the stock has attempted several occasions to BreakOut of the angular resistance trendline, but failed. The past two days there has been a surge in stock price accompanied by huge volume, showing bullishness. Short-term EMAs are also in a PCO state.
Let's wait for the stock to BreakOut of the resistance trendline. Keep monitoring!!
Let's wait for the stock to BreakOut of the resistance trendline. Keep monitoring!!
Disclaimer: This analysis is my personal view & for educational purposes only. They shall not be construed as trade or investment advice. Before making any financial decision, it is imperative that you consult with a qualified financial professional.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
Disclaimer: This analysis is my personal view & for educational purposes only. They shall not be construed as trade or investment advice. Before making any financial decision, it is imperative that you consult with a qualified financial professional.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.