UNIONBANK taking support of EMA 200Target can be 56 to 61 before end of the May.
As limit bounded price oscillation has given confirmation from EMA 200 support and bottom trending line.
Almost 30% return expected in next 1 month as per the technical analysis chart attached here with.
Feel free to share your thoughts.
UNIONBANK trade ideas
The Worst is Over for Union BankMonthly Chart : Rounding Bottom Pattern formation,
CMP: 39.35
Bullish View,
Target : 78, 128, 190+
SL: 30 : 1 day close base.
Risk is yours and Reward is too yours totally
Time Frame: 1-3 Years approximately as per technical analysis principles.
This trade idea is like LAME HORSE, Kindly Think twice before entry ...