United Bank of India
SECTOR: BANKING & FINANCIAL SERVICES | INDUSTRY: BANKS
NSE: UNITEDBNK
As of 24 May, 2013 03:42 PM
BSE: 533171
As of 24 May, 2013 03:44 PM
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UNITEDBNK has a poor technical attribute reading at 0. The trend of the chart is negative. Despite the weakness in the attributes the trend chart is currently on a buy signal, a short term positive. Next resistance on the chart is at 60.000 and support is at 56.000. This is not a stock we would consider here. Instead look for those which have a stronger technical attribute reading and good reward to risk ratios.
United Bank Of India Limited(UNITEDBNK)- reversed to a column of Os. The trend is negative and the technical attributes for the stock are 0 of 5. This recent reversal to Os is negtaive however, the stock is on a buy signal. The trend is negative as well therefore our posture is bearish. It now takes a move to 55 on the chart to generate a sell signal. Support on the chart is at 56.000 and there is resistance on the chart is at 60.00.
UNITEDBNK has a poor technical attribute reading at 0. The trend of the chart is negative. Despite the weakness in the attributes the trend chart is currently on a buy signal, a short term positive. Next resistance on the chart is at 61.000 and support is at 56.000. This is not a stock we would consider here. Instead look for those which have a stronger technical attribute reading and good reward to risk ratios.
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