Union bank : cmp 40.15
Highlights :
1. cup and handle pattern
2. increasing weekly / monthly volume setup
3. first signs of breakout above 40
4. yearly breakout
trade set up :
1. buy above 40
2. keep stop loss below 33 on weekly closing basis .
3. target 1 : 48.20 / target 2 : 52.55 / target 3 : 59
4. breakout cup & handle macro target seen at 63+++
Highlights :
1. cup and handle pattern
2. increasing weekly / monthly volume setup
3. first signs of breakout above 40
4. yearly breakout
trade set up :
1. buy above 40
2. keep stop loss below 33 on weekly closing basis .
3. target 1 : 48.20 / target 2 : 52.55 / target 3 : 59
4. breakout cup & handle macro target seen at 63+++