UNIONBANK has given inverted H&S breakout with decent volume. Last quarter result also beat estimates. So there is fundamental support as well. And in recent days we have seen strong momentum in PSU banks. So UNIONBANK has a potential give very good return provided that it closes above 130 in coming days.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.