After the breakout from a resistance of 170 zone, M&M FIn has entered to a new bullish territory, and is testing its previous resistance. Good signs are that a bullish engulfing candle has formed taking support of 20 EMA and RSI is also in bullish zone. Entry can be done from current levels till 173 with a SL of low of the breakout candle i.e. 171, hoping for an...
Union Bank is listed as Public Sector Bank & having Market Cap of Rs. 24000 Cr. Union Bank is also engaged in Mutual Fund & Wealth Management business.
When you are having 3 reason to Buy a stock what you will do? Obviously you will Buy....We are having 3 reasons for Union bank:
1. Head & Shoulder Pattern: It is making a head & shoulder pattern & now taking...
Formed a triangle + Nearby Fibo level + Also got supported by EMAs
The Indicator Used:
1) TE-REKAB - Proprietary Indicator
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
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The analysis is my POV, hope you got bucks in your pocket to...