Union Bank of India - Retest Trade
After a VCP breakout the stock consolidated and did a retest of the breakout..
The stock took support at the 200EMA and bounced beautifully.
Long above 47.50 with a SL below 44 for shorter term traders and 40.50 for longer term investors.
First target could be 60.
The stock took support at the 200EMA and bounced beautifully.
Long above 47.50 with a SL below 44 for shorter term traders and 40.50 for longer term investors.
First target could be 60.
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