union bank facing resistance

Apr 16, 2017

it is in the zone of multiple area of supply zone. it needs to cross the hurdle of 159 to move higher. it i sevident from the formation of series of pinbars. rsi is finding resistance at the level of 62.2. It is weekly chart

Apr 17, 2017

Note

union bank now 154

Apr 17, 2017

Note

you can hold your shorts till 152.59 and next target

Apr 18, 2017

Trade closed: target reached

Apr 18, 2017

Note

if it falls below this price it may go even upto 143