mm042531

Union back - on the verge of 13 yrs old trendline breakout

Long
NSE:UNIONBANK   UNION BK OF INDIA
Union back - on the verge of 13 yrs old trendline maha breakout. With rsi- adx, +dmi, rs bullish sign...
On mothly chart ubi had tried to breakout 6 times but failed... Now the resistance of 13 yrs old trendline become weak..
Let's see what happen tomorrow..
Tomorrow it will try to break this TL 7th time...
Buy above 83.50 ( if sustain there atleast for first minute.
Sl 72
Tgt 88-96-105-118.. As per fib level..
( if you hold for long term at least much more tgt 2x, 3x,4x can be seen
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