UNION BANK : Monthly Breakout with CUP Pattern

We can see that from Last week Bank Nifty was down by 3.5% . All Private Banks were making lower lows on Daily charts But all PSU Banks Making Higher High on Daily, weekly as well as on Monthly basis. Last week we seen that PNB & Uco Bank Played well, given upside move by 4.52% where Uco Bank has given 6.56% Upside Move and Showing strength yet. All PSU Banks Showing Momentum Strength.Among them Unioin Bank has Fresh Breakout On Daily,weekly n Monthly Basis with High Volatility, and Strong Momentum. On Monthly and weekly Basis Stock Making CUP Pattern Formation.Duration of CUP Pattern was 2018 consolidation seen and current week n month seen breakout with high volume and volatility. With Support at 40level, Entry at 42-43 and upside move can see at 47,62,85 in coming days.