Technical Analysis Ujjivan Small Finance Bank

The stock

has shown a strong recovery from the ₹52-53 support zone and has now broken above its recent consolidation range. The stock is trading near its 52-week high zone indicating strong buying interest. As long as the price remains above key support levels the short-term trend is expected to stay positive. Support ₹63-64 is the immediate support zone. If this level is broken the next important support is around ₹60-61. Resistance ₹66 is the immediate resistance. A strong breakout above ₹66 with higher volumes can lead to the next upside targets of ₹68-70. The short-term outlook remains bullish. Existing holders can continue to hold with a stop-loss below ₹63. Fresh buying can be considered on a sustained breakout above ₹66 or on dips near the ₹63-64 support zone with proper risk management. Ujjivan Small Finance Bank recently reported a healthy business update, with continued growth in its loan book and stable deposit mobilisation. The bank remains focused on improving asset quality and expanding its retail lending portfolio. Strong operational performance and improving credit trends continue to support the long-term outlook although investors should also monitor upcoming quarterly earnings for further direction.