nalinakshi

union bank facing resistance

nalinakshi Updated   
BSE:UNIONBANK   UNION BANK OF INDIA
3
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
Comment:
union bank now 154
Comment:
you can hold your shorts till 152.59 and next target
Trade closed: target reached
Comment:
if it falls below this price it may go even upto 143

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