An early alert on the monthly chart of Union Bank of India … looks like an Inverse Head and Shoulder formation taking place which can indicate change in trend… there are some downward resistance lines coming up which are marked in red and price is at a crucial reversal zone… the results of Q1 showed up positive financing margins which is indicating improving fundamentals…
Diclosure: I have entered early here without INHS BO confirmation keeping 78 as a stoploss on wcb…
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