UNION BANK SWING IDEA - LONG
union bank is currently trading at 102.
It is currently above its weekly 50 & 200 EMA followed by good volume support.
If stock maintains range of 98-80 a very good upside movement can be expected.
Chart looks good and on BUY ON DIP opportunity.
Immediate support levels 96-85
Targets
t1- 127
t2 - 179
t3 - 224
If stock manages to trade between 130-140 for few weeks.
We can possibly see all time high.
These is my personal view and analysis. Please study accordingly before taking any positions.
Invest wisely.
It is currently above its weekly 50 & 200 EMA followed by good volume support.
If stock maintains range of 98-80 a very good upside movement can be expected.
Chart looks good and on BUY ON DIP opportunity.
Immediate support levels 96-85
Targets
t1- 127
t2 - 179
t3 - 224
If stock manages to trade between 130-140 for few weeks.
We can possibly see all time high.
These is my personal view and analysis. Please study accordingly before taking any positions.
Invest wisely.
Note
correction "If stock manages to trade between 230-240 for few weeks."Note
T1 DONENote
new support levels 95-110.for educational purpose only.
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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.