2026-10-21 10:52:40 am | Source: Religare Broking Ltd
Stock of the day - Union Bank of India Ltd Target Rs. 193 - Religare Broking Ltd
Union Bank of India Ltd
Buy Union Bank of India Ltd CMP (Rs) 180.7 Range* 180-181 SL174 Target 193
* Union Bank maintains a bullish continuation structure after rebounding from a crucial support confluence along the rising trendline on the weekly time frame.
* The stock has reclaimed and closed above key short to medium-term moving averages, reinforcing the underlying positive trend.
* The latest upward move is accompanied by a substantial expansion in trading volumes, indicating strengthening buying interest and improved market participation.
* Traders may consider accumulating the stock within the recommended range.
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