NeeteshJain

Union Bank - Buying at Support Levels

Long
NeeteshJain Updated   
BSE:UNIONBANK   UNION BANK OF INDIA
It is been observed on the daily chart that the price action is observing a buying at a support levels of 170, where the buyers come back. Now, it shall further move up to the previous resistance levels.

Target 1: 185

Target 2: 190

Stoploss: 170


Trade active
Comment:
Now, buyers building momentum again. Regards
Comment:
Now, buyers in control again, rally begins. Regards
Trade closed: stop reached
Comment:
Next strong support at 160 levels. Regards
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