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Union Bank of India- Inv. H&S Pattern Breakout

Long
UNION BK OF INDIA (NSE:UNIONBANK)  
Flash_J  
NSE:UNIONBANK   UNION BK OF INDIA
Trend Lines Head and Shoulders UNIONBANK multiyeartrendlinetrading invertedheadandshoulders
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trendline headandshoulders unionbank multiyeartrendlinetrading invertedheadandshoulders
Inv. Head and Shoulder breakout done on monthly. Multiyear trendline breakout and retracement done on monthly. Once 107 resistance is broken, can see a quick upmove to 143 in a month. Final target is 170. Since its the monthly pattern, it will take much time(several months) to achieve the desired target.

Note: This is for educational purpose only.
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