UCO BANK
Long
Updated

UCO Bank - CMP: 11.30

It has taken support at Demand Zone twice and moved ahead. RSI also moved ahead from the oversold zone. ADX also indicates the weakening of a downtrend. We can also notice Positive Divergence on the daily and monthly chart. Price likely to retrace up to 12.85 to 13.50 in the near term.
Trade closed: target reached
The Target of 13.50 done...

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