Long
Ujaas - CMP 3.1
Ujaas- CMP 2.75. 1) It is a company engaged in Solar Power Business. Recently it has been referred NCLT for insolvency process and is under NCL , process is on.
2) It is into the business of building Solar projects in large scale and also at home on roof tops
3) It has got Electric scooter in operation and was doing good business
4) It is into losses for few quarters and recently some creditors gone to NCLT for insolvency
5) It is available at low price of around 3.1 and if after NCLT if it goes to nice hands its can be a multi bagger
6) Technical Analysis - Recently Stock is under consolidation/ accumulation/distribution zone in 2.75 and 3.05 price. It is in the process of rounding bottom pattern. It can be taken with a SL of below 2 on CLBS and can reach a target of 4.55, 5.05, 6.05, 6.8, 7.85, 9.7.
This is for educational purpose only and trade shall be done after consulting financial experts.
2) It is into the business of building Solar projects in large scale and also at home on roof tops
3) It has got Electric scooter in operation and was doing good business
4) It is into losses for few quarters and recently some creditors gone to NCLT for insolvency
5) It is available at low price of around 3.1 and if after NCLT if it goes to nice hands its can be a multi bagger
6) Technical Analysis - Recently Stock is under consolidation/ accumulation/distribution zone in 2.75 and 3.05 price. It is in the process of rounding bottom pattern. It can be taken with a SL of below 2 on CLBS and can reach a target of 4.55, 5.05, 6.05, 6.8, 7.85, 9.7.
This is for educational purpose only and trade shall be done after consulting financial experts.
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