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nalinakshi
Apr 16, 2017 6:16 AM

union bank facing resistance 

UNION BANK OF INDIABSE

Description

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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