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
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Monthly Charts show a Triangle pattern with Low of 98 in UNIONBANK
Trade active
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Sold at 108.70
Comment
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Low was upto 105, wait for the trade to unfold further.