Union Bank of India - Bullish Scenario

Aug 15, 2023

Union bank has breached it’s 10 year long resistance level and is just below it’s 4 year long resistance. Once the breakout happens, one can initiate buying.
It is also trading above it’s 200 days ma.
Targets are mentioned in the chart.

Oct 1, 2023

Trade active

The resistance has been broken and now it's approaching Target 1.

Jan 14

Note

Target 1 reached. Heading for Target 2. Everything looks fine as of now. lets wait and watch.

Mar 5

Note

Target 2 hit. Now heading towards Target 3