Union Bank-On verge of breakoutUnion bank on verge of breakout. Can move towards 65+ levels soon.RS is at zero line therefore this can move.Longby Chartworld12
Union bank - Multiple cups and handles - 86% growthUnion Bank of India is engaged in the Business of Banking Services, Government Business, Merchant Banking, Agency Business Insurance, Mutual Funds, Wealth Management, etc.# Branch Network Presently, the bank has a network of 9,587 branches# and 12,961 ATMs# across India. Its network almost doubled from 4,281 branches and 6,895 ATMs before the merger with Andhra Bank and Corporation Bank. Customer Base The bank has a customer base of 12+ crore customers post the merger with Andhra and Corporation Bank.# Sales growth: 84.9 Profit growth: 182% This growth is not yet reflected in its market price. Union bank is one of the top 5 government banks. It is now above its critical resistance zone which will act as a very big support zone. Personally, I will wait for a breakout in its small cup and handle. Disclaimer: this is an educational analysis and not a recommendation to buy or sell. Please do your own due diligence or consult your advisor before taking any action based on this chart analysis. Longby WizSmash224
UNION BANK - expecting 3xUNION BANK MID TERM VIEW (3 months to 24 months) Accumulate between 30 to 35 Weak below 23 59+ & 83+ are the probable levels Ultimate target is 97+ (3x)Longby techmental_AK6
Swing Opportunity in Union BankGo Long above 35.55 for a Target of 36.9 with SL 34.2 Reasons to go Long : 1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level. 2. A bullish candlestick pattern, Bullish Engulfing (marked with an orange circle) is formed at 0.618 Fibonacci level. 3. Also the stock is forming a bullish chart pattern ( Double Bottom / W Pattern) around 0.618 Fibonacci level. 4. In addition to this there is a Trendline providing support to the stock (marked with green color). Our Target is placed just below the Trendline providing resistance to the stock (marked with red color). 5. If the stock gives a breakout then we can expect higher targets and the gap can also get filled.Longby Nimish_GhagareUpdated 1
UNION BANK - SHORT TO MEDIUM TERM INVESTMENT TRADECan start accumulating between 37-35 expected profit to be 44-45Longby ajaykalashiUpdated 0
Union Bank Trend AnalysisUnion Bank was able to close above its 200EMA support & also Pivot level of today. Seems on a Bullish mode with expectation of 1-2% target in short term.Longby The_DecisiveUpdated 0
Buy in between 36-39Targets and SL on the chart. take the position at your own risk.Longby Tradee1111
Buy Union Bank @ 36.20Signal Specification Pair: Union Bank Entry Type: Buy Entry: 38.9 P.Entry: 36.20 Tp: 47.15 Sl: 32.65 R/R: 3.41 Our Unique Features: ————————————————————— 1. Follow our 15 signals ….10% equity will increase in your account for sure. 2. We are not Trailing stop! or average the trades. 3. 2% Risk Management Per trade. 4. Risk vs Reward up to 1:7. Note: Trade signals would usually have a risk to reward ratio of 1:2. It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit. This allows you to be good in overall pips profit. Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: This is my trading experience, it is not an invite or recommendation to trade. Best Wishes Forex Tamilby TradingwithtamilUpdated 1
Best time for buying When breakout sustained our target will be touch soon ..keep on eye .target level 40 to 41 ..Longby Yuvaraj220335
Swing Trade in Union BankGo Long above 35.85 for Target 38.1, 40, 42, 44 with SL 33.6 Reasons : 1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.5 Fibonacci level. 2. Also a bullish candlestick pattern, Bullish Engulfing (marked with an orange circle) is formed at 0.5 Fibonacci level. 3. Also there is a demand/ supply zone (marked with a blue rectangle ) around 0.5 Fibonacci level from which initially the stock was facing resistance in this zone and now this zone will act as support to the stock.Longby Nimish_GhagareUpdated 227
#UNIONBANK BANKNIFTY #NIFTY #PSUBANK #STOCK #INVEST #TRADE #PSU #UNIONBANK CMP: 34 Target 60++ NSE:UNIONBANK If you like my work, KINDLY LIKE, SHARE, & FOLLOW THIS PAGE for latest stock recommendations for free. Might blast to more than 60++ Super Bullish on this stock. From Rachit Sethia with 💚Longby Rachit_Sethia222
UNIONBANK Share about to blastTechnicals:- Very bullish on the stock as it was consolidating from a very long time. and has given break-out with huge volumes We could easily expect target of 62 or more. Fundamentals:- Rising Net Cash Flow and Cash from Operating activity 375.3% returns for Nifty 500 over 5.9 years Good quarterly growth in the recent results 254.3% returns for Nifty 500 over 4.5 years Effectively using its capital to generate profit - RoCE improving in last 2 years -16.8% returns for Nifty 500 over 1.9 years Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year Efficient in managing Assets to generate Profits - ROA improving since last 2 year Growth in Net Profit with increasing Profit Margin (QoQ) Increasing profits every quarter for the past 3 quarters Company with Zero Promoter Pledge Longby KSR0102
UNION BK OF INDIA - WEEKLY Double BottomUNION BK OF INDIA - WEEKLY Double Bottom Targets in green Longby VikasH1
Union bank Descending triangle Buy or Sell if breaks any side (take positional order) Upside target 45 rs. Downside targe 34 rs. for more calls wts app me 9313436929by StockmarketQueen1
UNION BANK OF INDIA BEARISH EXTENDED BUTTERFLY UNION BANK OF INDIA # EXTENDED BUTTERFLY # AB=CD SHORT RANGE PRZ : 39.50 - 40.30Shortby RAVIBUDDHUpdated 2
Two Sided Pathway !!All the relevant info is marked on the chart ! Educational Purpose only. Trade at your own risk !!by UnknownUnicorn9466944Updated 0