Union Bank of India - Bullish Scenario

Mis à jour
Union bank has breached it’s 10 year long resistance level and is just below it’s 4 year long resistance. Once the breakout happens, one can initiate buying.
It is also trading above it’s 200 days ma.
Targets are mentioned in the chart.


Transaction en cours
The resistance has been broken and now it's approaching Target 1.
Note
Target 1 reached. Heading for Target 2. Everything looks fine as of now. lets wait and watch.
Note
Target 2 hit. Now heading towards Target 3
Chart PatternsTechnical IndicatorsTrend Analysis

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