NSE:UNIONBANK cmp is 131 can give huge gains if holding for long term The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional. It is expected of each person to carry out independent research and evaluation to ascertain...
📈 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...
Overall market is in a corrective phase. Trade with caution and in small quantity. Increase quantity only when the sentiments improve and the trade picks up momentum. --- --- --- Trading without a SL is like drive without brakes, will anyone ever do that !
union bank is currently trading at 102. It is currently above its weekly 50 & 200 EMA followed by good volume support. If stock maintains range of 98-80 a very good upside movement can be expected. Chart looks good and on BUY ON DIP opportunity. Immediate support levels 96-85 Targets t1- 127 t2 - 179 t3 - 224 If stock manages to trade between 130-140 for few...
if 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.......
#Unionbank #BreakoutStock #StocksInFocus View - Union bank Had a long bull run in this year.. I am still bullish on the same stock as I marked. View was very clear, if the trend line breaks it may go down. Happy Trading!!!
Union Bank of India is engaged in the Business of Banking Services, Government Business ,Merchant Banking, Agency Business Insurance, Mutual Funds, Wealth Management etc. - Company has delivered good profit growth of 29.5% CAGR over last 5 years. - the Largest PSB in Business Mix - 9.4% Share among PSBs in Business - Operating Profit ₹ 14,400 Cr Increased by...
UNION BANK Cup & Handle Pattern in Daily Currently again BUYING Zone..
--Cup and handle pattern breakout --It dint participate is PSU bank rally yet --trading against the Book value of 115 --Target -Blue trend line --MACD crossover --RSI,ADX,MA indicating strong Bull run Disclaimer: - The view expressed here is my personal view - Any decision you take, you need to take responsibility for the same - It's your hard earned money....
UnionBank has give cup n handle pattern breakout from previous resistance levels of 114. Target: 135-137 SL: Hrly close below 114 Note: CnH is a upside trend continuation pattern. Hence it is indication on upward trend continuation and good for long on trailing basis.
the potential targets as i see for union bank in next couple of years. many underestimate the stability of this reversal pattern. retest is buyable.
Union bank had just cleared multiyear breakout and restested downward trendline breakout. Also retested C&H breakout on WTF. It may give 55%+ move in 6-8 months.
(1) 1st Weekly Close 2 Touch Trend Line Break: Idea: This concept involves observing a trend line on a weekly chart that has been touched by the price at least twice. The idea is to look for a breakout, specifically focusing on the weekly closing prices. Description: Identify a trend line on the weekly chart that has been touched by the price on at least two...
Inv. Head and Shoulder breakout done on monthly. Multiyear trendline breakout and retracement done on monthly. Once 107 resistance is broken, can see a quick upmove to 143 in a month. Final target is 170. Since its the monthly pattern, it will take much time(several months) to achieve the desired target. Note: This is for educational purpose only.
IN the previous swing the market is making its grid from a lower zone on the weekly charts. This is an early indication that the rally post that should not be trusted. The stock has doubled from that zone, and look where it has halted. It is the Fib confluence along with trendline resistance on the monthly charts. Huge volumes are telling us emotional...
Clearly breakout and canbe hold for swing trade one week
Trend line Breakout on monthly tf. TGT are mentioned. Plan acc. to your risk. Plan to buy in sip form or wait for dip. ::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: we are not SEBI registered. this is not buy and sell advice. ::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: keep learning keep growing
The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below... SWING Trading Strategy: Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%) INTRADAY Trading...