vanathi

Union bank - Nearing Resistance!

NSE:UNIONBANK   UNION BK OF INDIA
133 4 6
Price action took support at 0.382 fib level today and gave good movement . I expect resistance around the level 183 - 185 which is 0.618 fib level. Buy above 185 when the price action breaks the reistance,with the stoploss of 183. Targets are 188, 190 and 192.
Can you please review inoxwind

Entered 200
Where to avg for long-term investment
I'm expecting 145-150
Reply
vanathi TOP RaghuveerMunipalli
@RaghuveerMunipalli, Inoxwind is in downtrend. Making Lower highs and lower low. There is no sign of reversal. And we cant tell at what level price will reverse. See the chart and decide.
snapshot
Reply
@vanathi, thank you
Reply
vanathi TOP RaghuveerMunipalli
@RaghuveerMunipalli, Please dont invest in any stock which is in downtrend, till trend reversal is confirmed.
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