UNIONBANK trade ideas

saurabhbhola80 Updated 

union bank will give a short term target !!! 1. trendline break 2. result coming 3. after two bank merger with union bank it will give good company profits...

krishnakhanna

Bullish only above 44.05 Tends to move sideways once below 40

Honey_Sharma_

Union bank is making corrective pattern here guys, pattern which is running flat for now looks complete, you can wait for it to break the downside trend line to get involved in trade or just wait for it make corrective structure at lower time frame to go long. buy till the break of mentioned resistance.

hanutgera2003

WAR IS CONTROLLED, THUS, THE VOLATILITY ON MARKET WILL BE NOW NEUTRAL AND THE MARKET WILL BOUNCE BACK FROM A BIG CORRECT. SEEING THE NIFTY N NIFTT BANK increasing indicates the bounce back in the stock and charts are also positive

ARAVINDKUMAR24

It is taking support at the channel.. please check the chart. Interpret yourself and make the decision. Thank you

Rahul_Dani

its retest is done and marching upside, can go upside if it breaks mentioned level

ashwinjethwani1409 Updated 

Unionbank Long (02 Feb) RSI- 59 taking strong support at 20 and 50 Day EMA's Marubosu candle at breakout Buy at CMP- 47.7 SL- 45 Target- 50.3, 53.4, 54.5 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.

AttackTheBear

Looks good to buy above 50 for targets of 55 and 65 . Please do your own analysis before making any decisions and also let me know if I missed something. Let's learn together.

MilestoneCapital

Price action suggests bullishness in Union Bank of India. Buy for a target of 54-55.

TradewithAditya

The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock...

rdkriplani

After a VCP breakout the stock consolidated and did a retest of the breakout.. The stock took support at the 200EMA and bounced beautifully. Long above 47.50 with a SL below 44 for shorter term traders and 40.50 for longer term investors. First target could be 60.

AkmTradingTV Updated 

Union Bank Buy Setup : Nice Candle to run up. Keep final SL at Red line.

sandeepbalachandran

Most likely will fall back to support levels before swinging back up. ====== Keep in mind that if the overall market dips, most stocks will also go skinny dipping. Happy Trading!

srikartiram

UNIONBANK | Simple supply and demand play - Looks potential 40% CMP : 46 (43) SL : 37 Target : 64 1:4 risk reward setup

dgupta88

Looking good above Yesterday high. Took support. Here Risk and reward is good.

Sharmasagar1

Stock was moving down but now in 1hr timeframe the stock has formed a Higher High Higher Low structure and can be added for a swing trade as per Dow Theory

goldannaithani12345

making head and shoulders next targer 50 and 52 taking retest in trendline in hourly candles

Vyasg

stock is trading above resistance on weekly chart. target red lines and support is green line.