WaveTalks

Union Bank - Moving in weekly channel- Looking for 170-180-190

Long
WaveTalks Updated   
NSE:UNIONBANK   UNION BK OF INDIA
19
Holding 139 below, Union Bank can move to 170-180-190 in next couple of months.Look to buy on retracement close to 140-143 Zone- Should not break 139 on downside.
Trade active:
06:35 Hrs 4th July2017

Last Price@150

Looking for a pullback to join union bank.

Got the 1st green candle which made high of 150.95. If you get a chance to re-enter the union bank buy call- enter in 147-148 zone.

Next, expecting deep crab to give a pullback to 147-148 -if fortunate. Look at your inidividual analysis & trade.
Trade active:
10:35 Hrs 4th July2017

Last Price@150

On the way from PRZ station 151-152

Trade active:
11:11 Hrs 4th July2017

Last Price@148.50

Heading close to 147
Trade active:
11:56 Hrs 4th July2017

Last Price@147.50- The picture- If holds here above 147 then likely it pushes upside & once it starts moving above 150 mark that will confirm that it wants to move upside.

Trade active:
10:09 Hrs 6th July2017

Last Price@151.65

Picture at 10:00 Hrs
Trade active:
14:59 Hrs 6th July2017

Last Price@153.50

Zone of 154-155 looks running resistance so book profits & wait for pullback to join the rally or moving above 155 & holding above 155 - we will look for next set of buying.
Trade active:
15:15 Hrs 6th July2017

Last Price@152.50

Profit booking seems have come across most of the stocks at the day end.
Trade active:
14:25 Hrs 10th July2017

Last Price@156

pullback done - move started for upside.

Best Regards,
Abhishek H. Singh
​Growth Director - TradingView India

YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw

Twitter Handle
twitter.com/TalksWave

Telegram Handle
(Deleted)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.