UNION BANK OF INDIA: Breakout Near Resistance
The stock has recently broken out of a descending resistance trendline, indicating bullish momentum. The price is currently testing the 200 EMA, which aligns with a key horizontal resistance zone at 128. A close above this level with good volume will confirm further upside potential.
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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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