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rdkriplani

Union Bank of India - Retest Trade

UNION BK OF INDIA (NSE:UNIONBANK)  
rdkriplani  
NSE:UNIONBANK   UNION BK OF INDIA
Trend Analysis
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trendanalysis
After a VCP breakout the stock consolidated and did a retest of the breakout..
The stock took support at the 200EMA and bounced beautifully.
Long above 47.50 with a SL below 44 for shorter term traders and 40.50 for longer term investors.
First target could be 60.
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