DevanNaayar

Union Bank of India - Sleeping Lion got woken up

NSE:UNIONBANK   UNION BK OF INDIA
UBI is a psu bank in India having nearly 4500 branches allover India . It's an undervalued stock. Profit margin is increasing qoq basis. Stock is near it's 52 week high. Also it just crossed it's 10 year long multiresistance line. Technically a breakout has been happened. So 150 levels are not so far. If it crosses 100 levels within a month then 150 can be achieved so easily within a time frame of 3-6 months

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