Technical Analysis Ujjivan Small Finance Bank

The stock

is in a strong bullish trend on the daily chart. After forming a major bottom near ₹32–35 in early 2025 the stock has consistently created higher highs and higher lows. Recently it broke above the important ₹68–70 resistance zone and is now trading near ₹72.5 which is close to a multi-year high. This indicates strong buying interest and positive momentum. Support & Resistance: Immediate support is placed around ₹69–70 followed by stronger support near ₹65–66. On the upside there is no major historical resistance nearby making ₹75–78 the next potential target zone. A sustained breakout above ₹73–74 could trigger another leg of the uptrend. Short-Term Outlook: The technical structure remains bullish as long as the stock holds above ₹69–70. Existing holders can continue to ride the trend with a trailing stop-loss below ₹66. Fresh buyers may consider accumulation on dips or after a decisive breakout above ₹74 with strong volume. Short-Term Buyers & Holders View For short-term traders, the stock remains attractive as it is trading near a fresh breakout zone with strong momentum. Existing holders can continue holding while maintaining a trailing stop-loss near ₹66–68. Any pullback towards ₹69–70 may provide a buying opportunity. A sustained move above ₹74 could open the path towards ₹75–78 in the coming weeks.