Utkarsh SFBAccumulate with SL 34 & TGT 1 - 41, TGT 2 - 51
Price has formed good base. Can enter after price crossing up 38.
UTKARSHBNK trade ideas
Lapu Star Breakoutbreakout can be a signal to buy if the price breaks above resistance (a bullish breakout) or to sell if it breaks below support (a bearish breakout). It helps traders identify potential new trends and make informed trading decisions.
UTKARSH SMALL FIN BANKThis stock has breakout major trend line and this is just for educational purpose only
UTKARSHBNK - Utkarsh Small Fin Bank LtdAs per previous chart history, trend, chart patern and technical analysis, I suggest to Buy this stock at CMP@52.85 or you can wait for dip if happens or buy at current market price and make average on every dip.
Consolidation Between 46 - 55 Since - July 2023
First Breakout Upside on Oct 2023 and
Made High at 61.60 Then
Again Consolidation Between 46 - 55 Since - 17 Oct 2023
Secon Breakout Upside on Jan 2024 and
Made High at 68.30 Then
Again Consolidation Between 46 - 55 Since Feb 2024 to April 2024
Made HL at 61
Consolidation is going on till date as on 11-Jun-2024
You can also wait for a breakout on upside to enter in buy side trading.
Important Disclaimer: Technical analysis is not a perfect science and should not be used alone to make investment decisions. It's important to consider other factors, such as company fundamentals, overall market conditions, and your own risk tolerance. Also I am NOT SEBI registered person to suggest any stock and this is my own personal opinion about this stock.
Thanks for your support as always
UTKARSHBNK - UTKARSH SMALL FIN BANK L - An Overview to BuyAs per the current chart pattern and previous chart history with technical analysis, I suggest to buy this stock either at CMP or wait for the breakout as mentioned on the chart.
But before buying, do your own research as I am not SEBI registered person and this is not a financial advice. I am giving just my personal opinion on buying this stock
All points are mentioned on the chart itself and no need to type here
Thanks for your support as always
UTKARSHBNK BUYUtkarsh Small Finance Bank Ltd. was going sideways for a while,
Now this stock has given breakout of more than 3%.
I have bought this stock for swing trade.
Entry - 56.65
Stop Loss - 53.60
Duration - 7 days to 30 days
UTKARSH SMALL FINANNCE BANKBreakout after consolidation of 3 months on daily charts with heavy volume .
good news for swing traders. Target 80- 100 Stoploss 52-50.
bying opportunity in banking sectorforming a flag pattern
can expect a move in banking stocks
small sl huge profit
one can think of swing as well as long term
# just a trade idea for educational purpose
# not a SEBI registerd
UTKARSHB Newley listings stock
Data is very less to analyse
Stock complete sideways
Also moving average indicate is sideways channel.
Make fresh entry after sideways channel breakout done.
Disclaimer this is my personal view for education purpose only.
UTKARSH SMALL FINANCE BANKUTKARSH SMALL FINANCE BANK (1D)
CMP 50.75
Recently Listed Stock (New IPO)
Major Quantity traded on IPO Listing Day after that price is not going below that price
No selling in big Quantity from the listing day price
The stock can show Fireworks in Short term
Get ready for it
