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.
It is also trading above it’s 200 days ma.
Targets are mentioned in the chart.
Trade active:
The resistance has been broken and now it's approaching Target 1.
Comment:
Target 1 reached. Heading for Target 2. Everything looks fine as of now. lets wait and watch.
Comment:
Target 2 hit. Now heading towards Target 3