Long Union Bank
Telah dikemas kini
CMP: 138
TGT and SL given below
It is observed that Union Bank is moving in an ascending channel. So lower trendline is support and upper is Resistance. So it can breakout either ways. So watchout for the breakout. Tgt after breakout would be the height of channel, in this case is 11 pts. The two red lines are good S & R levels. So buy above the lower red line i.e 141 (on closing basis). Tgt would be upper trendline i.e 159. SL can be the lower trendline or 140 as per our comfort.
Disclaimer: I am a novice at charting and this chart is for educational purpose purely. Views and opinions are most welcome.
TGT and SL given below
It is observed that Union Bank is moving in an ascending channel. So lower trendline is support and upper is Resistance. So it can breakout either ways. So watchout for the breakout. Tgt after breakout would be the height of channel, in this case is 11 pts. The two red lines are good S & R levels. So buy above the lower red line i.e 141 (on closing basis). Tgt would be upper trendline i.e 159. SL can be the lower trendline or 140 as per our comfort.
Disclaimer: I am a novice at charting and this chart is for educational purpose purely. Views and opinions are most welcome.
Dagangan ditutup: hentian tercapai
I has given a breakout out of the channel on the downside. Can go short now with tgt 128Dagangan ditutup: sasaran tercapai
Target achieved on downside, exit
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.