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 could find buying support:
• S1 ≈ ₹158–₹159 – near recent short‑term pullback zone.
• S2 ≈ ₹155–₹156 – near mid‑range cluster of moving averages.
• S3 ≈ ₹150–₹152 – deeper support aligned with 50‑day average zone.
🔄 Technical Indicators Outlook (Weekly / Short‑Term)
Momentum & Trend:
Weekly technicals show bullish momentum with RSI moderately bullish and MACD positive on recent data.
Price remains above key EMAs (20, 50, 100, 200 averages), which supports the uptrend.
Volatility:
ATR and trend indicators suggest active movement, so breaks above/below key levels can lead to sustained swings.
📌 Quick Weekly Levels Summary (Approx)
Level Type Price Zone
R3 (Strong Resist) ₹172–₹175+
R2 (Next Resist) ₹170–₹172
R1 (Immediate Resist) ₹167–₹168
Current Price ₹162–₹163
S1 (Immediate Support) ₹158–₹159
S2 (Mid Support) ₹155–₹156
S3 (Strong Support) ₹150–₹152
