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Bajrangi-Bhaijaan
Apr 28, 2020 8:37 PM

Buy Union Bank for 25% plus upside in Medium Term Long

UNION BK OF INDIANSE

Description

Investors with a Short to Medium Term perspective can consider buying Union Bank of India at current levels of 26.80 or on any dips till around 26.00 (Downside looks quite limited from current levels) for potential 25% plus gains from current levels-> Target Price -> Approx 34.00. Will update the precise exit levels once UBI moves beyond 33.00
Comments
mdshabaz0891
It's forming three drive pattern look in 1yr chart time for reversal may go upto 60
Bajrangi-Bhaijaan
@mdshabaz0891, Yes my dear friend- from a longer time perspective - very much possible, but my view mentioned above on Union Bank was from a far shorter time frame point of view. Thanks for writing in. Good Luck.
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