Union Bank of India- Inv. H&S Pattern Breakout

30 Kas 2023

Inv. Head and Shoulder breakout done on monthly. Multiyear trendline breakout and retracement done on monthly. Once 107 resistance is broken, can see a quick upmove to 143 in a month. Final target is 170. Since its the monthly pattern, it will take much time(several months) to achieve the desired target.

Note: This is for educational purpose only.