it crosses 116
enter @ 116.10
stop loss: 112.70 (if stop loss is hit then loss is 11.5% so take entry if you are capable to take the loss of 11.5%)
target: 141.70 ( if worked then the profit will be 22% with risk from buying level is 11.50%)
NOT SEBI registered , so do your own analysis to take the entry , this is my analysis according to which i may trade.
Union Bank of India (Swing):
Stakes are high for a 75-100% up move via swing.
Keep adding in chunks at the current level and if possible on any dips.
Appropriate resistances are highlighted.
Time to attain the target can be over 6 months.
Note: Do your own due diligence before taking any action.
I would be posting updates for this chart in the comments...
A recent Breakout has been observed on the weekly timeframe of City Union Bank.
And as per the setup a 32% upside can been seen in near future in the stock , so don't miss the train.
Disclaimer: above trade is for educational purpose only, please consult your financial advisor before any trade...
Union Bank is making a broadening wedge pattern in daily time frame.
We have closed above the pivot(orange line) with good volume which is a bullish sign now we need to stay above it for next few days for further trend continuation.
and there is beautiful relation which is found out to be with price and time, so just being bullish biased upcoming rally can take 27...
