nextgen
Short

Union Bank breakout of rising wedge

NSE:UNIONBANK   UNION BK OF INDIA
Union Bank after touching its long term resistance turned bearish towards its support and broke the support at 140.00, now stock seems to be in downward and approaching the near term support at 120.65. trader may go short on this stock with target of 120.65. If market go green and bank nifty             to green then we may see upside movement else down trend will prevail.
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