UNIONBANK: SELL@108.7 SL 113 TGT 103

UNIONBANK has Gaped Down with High volume selling and weak PSU bank Index and BANKNIFTY weak. Sell Union bank at 108.70 with Stop-loss of 113 and Target of 103
Comment: Monthly Charts show a Triangle pattern with Low of 98 in UNIONBANK
Trade active: Sold at 108.70
Comment: Low was upto 105, wait for the trade to unfold further.
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