UNIONBANK is trading in a range since last five
odd months and today it has given an indication of breaking down. As mentioned
earlier, taking into account of the event of RBI policy announcement, we have
to trade with utmost caution. Today’s close is at 110.65 and one can go short
on this stock BELOW 109. Targets can be set for 106& 103. A Stop Loss can
be maintained at 114. Please refer the chart below for better understanding.
No comments:
Post a Comment