Get started

Unionbankofindia

BULLISH MARUBOZU FORMATION - UNION BANK OF INDIA STRONG BULLISH CANDLE HAS BEEN FORMED AT A KEY SUPPORT ZONE AREA. The up move may continue with a slight doji-like candle. 134.50-131.50 is a strong support zone (highlighted area); any dip to that area is a buy opportunity ONLY if the market sentiments are positive. You can buy at CMP or wait for it to test the highlighted zone, but as past data shows, the price has never retested when it bounced upwards. LEVELS -Buy at CMP or at 137.25 Do your analysis too before buying. Any further fall is just a good opportunity to add more quantity. -We are aiming for targets of 150, 158, and 170; short to semi-long term respectively. -If it keeps falling after you buy it and you can't bear the loss, consider booking it at 125. Happy Trading :)
NSE:UNIONBANKLong
by rohix
UNIONBANK - Ichimoku Breakout📈 Stock Name - Union Bank Of India 🌐 Ichimoku Cloud Setup: 1️⃣ Today's close is above the Conversion Line. 2️⃣ Future Kumo is Turning Bullish. 3️⃣ Chikou span is slanting upwards. All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 159. 🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market. #CloudTrading #IchimokuCloud #IchimokuFollowers #Ichimokuexpert Excited about this analysis? Share your thoughts in the comments below! 👍 Like, Share, and Subscribe for daily market insights! 🚀 #StockAnalysis #MarketWatch #TradingEducation #ichimoku
NSE:UNIONBANKLong
by nikunjbhadja
Union Bank - Bullish Surge ExpectedUnion Bank of India has formed Inverted Head & Shoulders Pattern on monthly timeframe. This bullish technical formation often signifies a potential trend reversal, hinting at a shift from a downward trajectory to an upward one. Adding to this positive outlook, the Relative Strength Index (RSI) has climbed above 60, indicating a growing strength in the stock's momentum. As RSI measures the speed and change of price movements, this rise could be indicative of increasing buying interest and a potential uptrend in the making. These combined signals from both the inverted head and shoulders pattern and the RSI suggest that the stock might be on the cusp of a significant upward move. Traders and investors are keenly watching this setup as they anticipate a potential bull run in the coming months. Support - 75 Resistance - 180/240
NSE:UNIONBANKLong
by PowerOfTA
UNIONBANK - Long Setup, Move is ON..NSE:UNIONBANK ✅ #UNIONBANK trading near Resistance of 140 ✅ Next Resistance is at 182 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:UNIONBANKLong
by Sandeep_Aggarwal
UNIONBANK - Ichimoku Breakout📈 Stock Name - Union Bank Of India 🌐 Ichimoku Cloud Setup: 1️⃣ Today's close is above the Conversion Line. 2️⃣ Future Kumo is Turning Bullish. 3️⃣ Chikou span is slanting upwards. All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 133. 🚨 Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market. #CloudTrading #IchimokuCloud #IchimokuFollowers #Ichimokuexpert Excited about this analysis? Share your thoughts in the comments below! 👍 Like, Share, and Subscribe for daily market insights! 🚀 #StockAnalysis #MarketWatch #TradingEducation
NSE:UNIONBANKLong
by nikunjbhadja
2
UNION BANK Long positionif you want you add this union bank share for outshine your portfolio, this share came to demand zone as you seen in chart also that , that distline i mentioned above, union bank seems to be good zone if he doesnt breake distil line, this share can give a handsome return, in my terms short term target means almost 3 to 4 pecent in share swing in cash.... Previously i publish idea on trading view and almost all are doing good, as you can also i previously publish idea about the kalyan jwellers and i also metioned that i also taken position in it and hence after 1 day kalyan jwellers is blasted with amost close to 7 percnet. please comment if you earn profit from this share. This share is for short term and long term for both Short term:-3 weeks holding time in cash only, swing , target for union bank 5 percent , stop loss is close to 112 Long term:-1.5 years to 3 years , FOR LONG TERM TARGET IS 300-400, i knew this is insane but yeah its true , come after 3 years and see this publish idea , ha ha ha ha ha ha For long term there is no stop loss , but if you want to add than keep stop loss of close and approx to 100 , by the way if you dont add stop loss for long term than there is no problem. Hold hassle free. You can also check my previous publish idea and analyze yourself that how accuracy i met in my trading view publish trading idea. Thanks for reading my all long message because i believe that if you take trade than you has a all knowlede about their purchase share. If you THINK THAT I AM DOING GOOD WORK THAN FOLLOW ME , IF YOU DONT MIND,,, it gives me motivation to publish great stock chart from you earn a handsome return , and increase lifestyle of yours,,, if you earn good earn good profit than please comment down below i will be happy and if loss occurs than also please comment for the same as well, DISCLAIMER:-I am not responsible for any loss or profit occurs in my all published idea. only you solely responsible for your losses, my job is to share my idea with you hence , final decision is only and only taken by you only, and also i am not SEBI registered....... THANKS KEEP IN TOUCH SEE YOU ALL RIGHT
BSE:UNIONBANKLong
by Parthupadhyay67
#UNIONBANK LONG TRADE IDEA SETUPGreetings Folks, today i have prepared a setup of UNION BANK on NSE the analysis is as follows- - The price has started a minor bullish trend - it is now trying to break the pivotal point that is the previous lower high, if this breaks, we can expect the price to continue the bullish trend - 2 possible entries have been depicted in the chart, do as the chart follows - have also marked the intraday trade target don't play with fire, always use a predefined stoploss
NSE:UNIONBANKLong
by profitpujari
Union Bank of India: Watch before you leap.📊 Technical Analysis Report: BSE:UNIONBANK 📅 Date: September 11, 2023 🕣 Time: 08:28 AM 📌 Introduction The following report provides a 📈 technical analysis for Union Bank of India as of September 11, 2023. The stock 🛑 closed at 88.10 on the last 🗓 trading day (Friday). 📊 Key Metrics: 🔒 Last Close Price: 88.10 50 -Day Moving Average: 📉 Under selling pressure 🔄 Asset Turnover Ratio: 📉 Low 📊 Return on Equity (ROE): 1️⃣3️⃣-1️⃣4️⃣% 💵 Price-Earnings (P/E) Ratio: 5️⃣-6️⃣ 📈 Technical Indicators: 📊 MACD (12,26,9): 🕒 Yet to show crossover, expected in a day or two 📈 Stochastics RSI: K: 3️⃣1️⃣.1️⃣2️⃣ D: 2️⃣9️⃣.4️⃣7️⃣ 📉 Percent R: -6️⃣3️⃣.4️⃣8️⃣ 📈 Fisher 9: Trigger: 0️⃣.6️⃣6️⃣ Fisher: 0️⃣.2️⃣5️⃣ 🎯 Entry, Target and Stop-Loss Levels 🔥 For Aggressive Traders 🎯 Entry Price: 9️⃣0️⃣.8️⃣5️⃣ (0.5 Fibonacci Levels) 🏁 Target Price 1: 9️⃣2️⃣.4️⃣0️⃣ 🏁 Target Price 2: 9️⃣4️⃣.3️⃣0️⃣ 🛑 Stop Loss: 8️⃣8️⃣.1️⃣0️⃣ 🐢 For Conservative Traders 🎯 Entry Price: 9️⃣2️⃣.2️⃣5️⃣ (0.618 Fibonacci Levels) 📝 Conclusion: While 📘 fundamental aspects like ROE and asset turnover are not too promising, the low P/E ratio indicates a potential 💰 cheap entry point . 🔥 Aggressive traders can consider an entry at 90.85 targeting 92.40 and 94.30, with a stop loss at 88.10. 🐢 Conservative traders can enter at 92.25. ⚠️ Disclaimer 📝 This report is for informational purposes only and should not be considered as 💰 financial advice. Investors are advised to perform their own due diligence 🕵️‍♀️ before making any investment decisions. 🏷️ Hashtags #️⃣UnionBankofIndia #️⃣TechnicalAnalysis #️⃣StockMarket #️⃣Trading #️⃣Finance
NSE:UNIONBANK
by finogent
3
Union Bank Of India Looks Good in short term!Technical analysis pattern known as a "Bottom Triangle" has been formed within calculated geometrical angles. This pattern typically indicates a potential bullish reversal in the market after a period of consolidation or uncertainty. Here's a breakdown of the key characteristics: Converging trendlines: The Bottom Triangle pattern consists of two trendlines, one connecting lower highs and the other connecting higher lows. These trendlines converge, forming a triangle shape on the price chart. Decreasing volume: During the formation of the Bottom Triangle, trading volume tends to diminish. This decline in volume reflects the indecision and lack of market conviction during the consolidation phase. Narrowing price range: As the price swings back and forth between the converging trendlines, the range between the highs and lows gradually narrows. This tightening range signifies decreasing volatility and increased uncertainty about the future direction of the market. Breakout and volume confirmation: The key event in a Bottom Triangle pattern is the breakout above the upper trendline. This breakout is accompanied by a noticeable increase in trading volume, which confirms the validity of the pattern as a bullish reversal signal. The volume surge indicates renewed buying interest and suggests a shift in market sentiment from bearish to bullish. It's important to note that technical analysis patterns, including the Bottom Triangle, are not foolproof and should be used in conjunction with other indicators and analysis techniques. Additionally, market conditions and individual stock dynamics can vary, so it's essential to consider the broader context before making any investment decisions based on these patterns.
NSE:UNIONBANK
by hardeepssethi
3
UNIONBANK - Ichimoku Bullish Breakout Stock Name - Union Bank Of India Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 50. #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. # Cloud Trading # Ichimoku Cloud # Ichimoku Followers I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, it motivates me to do analysis.
NSE:UNIONBANKLong
by nikunjbhadja
Union Bank of India: Cup & Handle BreakoutThis is my view on UNIONBK; CMP 44.4 | T1: 60 (~36%) | T2: 70 (~57%) | T3: 86 (~93%) The rationale for the going long: - Substantial increase in the volume compared to past 5years. - Increase in price with volume expansion - RSI Bullish Divergence - RSI breakout above RSI 60 level - Cup & Handle Pattern formation - Highest revenue and net profits in FY 2021 & TTM QE June 2021 (in past 10years). The stock may retest the breakout level, that could be a perfect entry point for conservative trades. Readers, please note this is meant for educational purposes only.
NSE:UNIONBANKLong
by Sahilkarangia