Ujjivan Small Finance Bank (Daily Chart)

Bullish Momentum and Breakout Attempt

chart shows a consistent Higher High and Higher Low sequence. The stock is currently testing a breakout zone near its recent peak. Resistance: Immediate resistance is at ₹60.75 (Recent High). Support: Strong support is located at ₹54.00, following the recent swing low. The trend is clearly Bullish. The price action suggests strong buying interest as it nears the ₹61 mark. If it sustains above ₹61, we could see a quick move toward ₹65–₹68. Traders can maintain a positive bias as long as the stock holds above the ₹54 level.