Union Bank Of India AnalysisUnion Bank Of India Analysis
If Price Closes above 55 on Daily timeframe, Good Opportunity to buy @ 55 and Targets on Upside are Target 1->84, Target 2->91
Time Period--> 3 Months
UNIONBANK
Unionbank bullish monthly upsideUnionbank bullish monthly upside
Can watch for near support of 36-38 for a positional tp of 59-60
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profitable chart setup like this
UNIONBANK - Ichimoku Bullish Breakout Stock Name - Union Bank Of India
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 50.
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
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#UNIONBANKMust not cross below 46.65 for it to be in bullish momentum
48.75 must be crossed for further upside
Union Bank ready for break out!!The upper and lower trend line has been respected multiple time. Also the MACD is showing bullish signal.
Next target for 6 months - 70
Stop-loss - 34
banknifty:- ray of incidence and ray of reflection = eachotherIn optics, angle of incidence can be defined as the angle between a ray incident on a surface and the line perpendicular to the surface at the point of incidence
union bank will give a short term target !!!union bank will give a short term target !!!
1. trendline break
2. result coming
3. after two bank merger with union bank it will give good company profits...
UNION BANK OF INDIA Buy setupUnion bank is making corrective pattern here guys, pattern which is running flat for now looks complete, you can wait for it to break the downside trend line to get involved in trade or just wait for it make corrective structure at lower time frame to go long. buy till the break of mentioned resistance.
Unionbank Long (02 Feb)Unionbank Long (02 Feb)
RSI- 59
taking strong support at 20 and 50 Day EMA's
Marubosu candle at breakout
Buy at CMP- 47.7
SL- 45
Target- 50.3, 53.4, 54.5
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Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
Union Bank BO!Looks good to buy above 50 for targets of 55 and 65 .
Please do your own analysis before making any decisions and also let me know if I missed something.
Let's learn together.
UNIONBANK Bullish Price ActionPrice action suggests bullishness in Union Bank of India. Buy for a target of 54-55.
UNIONBANK - Retest of CUP & HANDLE breakout - Swing tradeThe analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
unionbankstock is trading above resistance on weekly chart.
target red lines and support is green line.
#NAVKARCORP NAVKARCORP #INVEST #MONEY #NFT #CRYPTO #NSE #BSE #IT#NAVKARCORP
Navkar Corporation Ltd.
NSE:NAVKARCORP
NSE:NAVKARCORP
CMP: 46.7
Target: 60
Sl: 42
DDuration: < 6M
Almost 28% Safe Return expected.
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
#MIRZAINT MIRZAINT #NIFTY #BANKNIFTY #FINNIFTY #NFT #CRYPTO #IOT
Mirza International Ltd.
NSE:MIRZAINT
MIRZAINT
CMP: 71.85
Target 88++ // HUGE RALLY EXPECTED 100++
SL: 63
Time Frame: < 6 months
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
UNIONBANK: Monthly Breakout with volumeIdea is self explanatory... In Monthly chart stock is giving breakout with good amount of volume . you can take position anywhere between 49.20 to 50. I have provided SL along with 2 targets. Keep in mind book partial profit with every target.
Note: I'm new to technical analysis , do your own maths. I'm open to new ideas and flaws in my analysis, so please do comment and collaborate.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial adviser before taking any trade.
Simple Trade Setup | CITY UNION BANK | 25-10-2021 [ INTRADAY]NSE:CUB
I am posting this as one of the follower requested.
Observations:
1) On daily time, it took support from 200DMA 3 days before and trading above it.
Also the earlier resistance trendline now working as support trendline.
Immediate resistance level is at 172 level.
Sustainable Breakout of 172 level will give good up move.
Please refer below chart : 1day Time Frame.
-------------------------------------
Trade Setup for Date 25-10-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Breakout in Union Bank of India...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
UNION BANK PRICE ACTION AND THE TARGETSUnion bank has come out of the trading zone and looking bullish. The volumes are supporting the breakout.
Consider buying on a pullback or buy and trail continuously. If the trade the trade goes wrong exit cost.
Should easily reach target 1 as mentioned on the chart as other the targets. These targets are set by XABCD bat and crab patterns.
Happy trading :)
This is just for educational purposes.
