HARMONICSANAND

Union Bank clasical cup and hadle with volume !!!

Long
NSE:UNIONBANK   UNION BK OF INDIA
Union bank : cmp 40.15
Highlights :
1. cup and handle pattern
2. increasing weekly / monthly volume setup
3. first signs of breakout above 40
4. yearly breakout
trade set up :
1. buy above 40
2. keep stop loss below 33 on weekly closing basis .
3. target 1 : 48.20 / target 2 : 52.55 / target 3 : 59
4. breakout cup & handle macro target seen at 63+++

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