UNIONBANK -- WATCHOUT SHORT TERM REVERSAL

Fall from 45.40 to 37.40
- MORE THAN 20% FALL
- COMING TO FLAG PATTERN
- DOJI FORMATION ON 10TH MARCH 2020
- PERFECT CANDIDATE FOR NEXT DAY TRADE
-IF OPENS HIGHER THAN DOJI, GO FOR TRADE WITH STOPLOSS OF LAST DAY DOJI LOW.


OTHER PARAMETERS
- VOLUME IS ACCEPTABLE
- RSI ACCEPTABLE

IF POSITIVE NEXT DAY LOOK 42 SHORT TERM TARGET.

Comment:

NOTE: TRADE AT OWN, RISK, COST AND TIME.

Trade closed manually:

ON 12TH MARCH 2021

Day's Range: 37.20 - 38.70
CLOSED: 37.80

STILL TARGET OPEN AS NOT BREACHED STOP LOSS, WILL SEE NEXT DAY TRADE!!

Comment:

target closed