Union Bank of India (UNIONBANK) support the Trendline(Technical Analysis Mumbai Training).

Today on 16^th July 2014 our Technical Analysis  team has pulled a stock from Banks - Public Sector– Union Bank of India (UNIONBANK).

Here are some facts which we have gathered on UNIONBANK:-

1) In the following image UNIONBANK support the Trendline from 4^th March 2014 to 16^th 
   July 2014 and forms reversal pattern.

2) Stochastic in oversold Territory and upward direction.

3) Positive RSI: Here in the following image you can see that RSI is positive in 
    upward direction. 

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