Union Bank of India has been trading in up trend and now it is on the edge and can go either way, it closed forming a shooting star candle stick pattern which is very bearish sign, on the other hand it closed inside the up trend line. traders may go long if market open green with a target of 172.00 in near term or if market open gap down then it will enter into down trend will head downward to its support 122-115 near term. it is suggested to wait till breaking the 142.50 level then go short.
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