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 am not SEBI registered advisor . Please consider my analysis for education purpose only .
Unionbankofindiatrendanalysis
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

