NSE Union Bank Enters High-Probability Reversal ZoneUnion Bank of India remains inside a long-term ascending channel on the 4-hour timeframe, showing that the broader trend structure is still positive despite the recent correction.
The price is now trading near an important Fibonacci retracement support zone between 0.5 and 0.382 . Interestingly, the previous bullish cycle also respected the same Fibonacci region before continuing higher, suggesting a possible historical price reaction pattern.
At the same time, the stock is approaching the
Unionbankofindia
UNIONBANK : Wave 4 Play
The daily chart for Union Bank of India indicates a robust long-term bullish trend supported by a well-defined ascending trendline. Currently, the price action suggests we are in the final stages of a corrective phase, preparing for a potential "Fifth Wave" impulse.
🔍 Technical Breakdown
1. The Impulse Framework (Waves I - III)
Wave (I) & (II): Established the base trend throughout early 2025.
Wave (III): A powerful extended move that peaked near the 210 level in March 2026. This was the pri
Union Bank : Ready For 85%+ Gain in 1-1.5 Years Hi friends,
Target & Stoploss are mentioned on the self explanatory chart .
please don`t go with the buzz around you regarding the stocks and stock market .
Please follow what Technical chart & analysis is conveying .
Union Bank is a central government backed bank and currently it is reversal phase in terms of chart pattern.
Higher-High & Higher-Low getting formed in longer time-frame like Weekly & monthly chart .
Please feel free to comment or share your views on my analysis .
Note : I
Understanding Trend Breakouts, RSI Signals and Risk Management📈 Understanding Trend Breakouts, RSI Signals, and Risk Management in Trading : Base Chart UNION BANK OF INDIA
Union Bank of India’s stock currently presents a compelling opportunity as it has successfully broken out of its long-term downtrend and is sustaining above the trendline, signaling a confirmed reversal in sentiment. The price action is now forming higher highs and higher lows, a classic bullish structure that often precedes further upward momentum. With the RSI holding above 50 and now
UNION BANK OF INDIA | Monthly Chart – Breakout Confirmed UNION BANK OF INDIA | Monthly Chart – Breakout Confirmed 🚀
The Cup & Handle breakout is now clearly visible on the monthly chart, validating the setup discussed earlier.
🔹 Price has closed decisively above the handle resistance (~₹160–162 zone), confirming the breakout.
🔹 Monthly average volume has already been leveled, indicating absorption is complete and the stock is now in an expansion phase.
🔹 Momentum is strong, with price holding above key moving averages — a positive sign for position
Union Bank of India: Long-Term Head & Shoulders PatternUnion Bank of India has delivered a decisive long-term breakout on the monthly timeframe after completing a classic Inverse Head & Shoulders pattern, marking a major structural shift in trend. The pattern has been in formation for several years, with a well-defined left shoulder, a deep head near the bottoming zone, and a higher right shoulder, clearly reflecting gradual accumulation after prolonged weakness.
The most important technical development is the clean breakout above the neckline resi
UNIONBANK 1 Week Time Frame 📊 Current Price (Weekly Context)
~₹162 – ₹163 per share (latest live/NSE quote).
📈 Weekly Support & Resistance Zones (Approx)
Resistance Levels (Upside)
These are key levels to watch if the weekly price continues uptrend:
• R1 ≈ ₹167–₹168 – immediate resistance near recent 52‑week high.
• R2 ≈ ₹170–₹172 – near psychological/upper range targets.
• R3 ≈ ₹175+ – extended zone if momentum accelerates (trend continuation).
Support Levels (Downside)
Important weekly support levels where pullbacks
Union Bank (D): Cautiously Bullish - Breakout with RejectionTimeframe: Daily | Scale: Linear
The stock has attempted a breakout from a massive 15-year structural resistance, driven by index inclusion news. However, the daily price action signals strong profit-taking at higher levels, making the breakout fragile.
🚀 1. The Fundamental Catalyst (The "Why")
The massive 41.38 Million volume is a direct reaction to a major announcement:
- Bank Nifty Inclusion: It was announced that Union Bank will be added to the prestigious Nifty Bank Index starti
Union Bank of India cmp 122.90 by Weekly Chart viewUnion Bank of India cmp 122.90 by Weekly Chart view
- Support Zone 96 to 107 Price Band
- Strong Resistance Zone 130 to 138 Price Band
- Next Stronger Resistance Zone 150 to 161 Price Band
- Double Bullish Rounding Bottom restricted at Resistance Zone Neckline
- Stock Price has sustained upside trajectory above Rising Support Trendline
- Triangle Pattern Breakout Breakout with Support Zone Base but contained at Resistance Zone
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
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
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 pot
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
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
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
#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
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
📈
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.
De























