Ujjivan SFB (Daily Timeframe) - Potential BreakOut Candidate ??

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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!!

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