Powered by: Motilal Oswal
2026-10-30 11:14:54 am | Source: Religare Broking Ltd
Stock of the day - Union Bank of India Ltd Target Rs. 198 - Religare Broking Ltd
Stock of the day - Union Bank of India Ltd Target Rs. 198 - Religare Broking Ltd

Union Bank of India Ltd 

Buy Union Bank of India Ltd CMP (Rs) 186.5 Range* 185-187 SL180 Target 198

* Union Bank shows strong bullish momentum following a decisive recovery, characterized by constant higher-high and higher-low formation.

* The stock is trading above its key short, medium and long-term moving averages, confirming an improving technical structure.

* The recent upside breakout, accompanied by a sharp surge in trading volumes, indicates strengthening buying interest and supports potential trend continuation.

* Traders may consider initiating long positions within the recommended price range.

 

Please refer disclaimer at https://www.religareonline.com/disclaimer

SEBI Registration number is INZ00017433

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here