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2025-10-28 11:00:56 am | Source: Religare Broking Ltd
Stock of the day : Union Bank of India Ltd by Target Rs. 152 - Religare Broking Ltd
Stock of the day : Union Bank of India Ltd by Target Rs. 152 - Religare Broking Ltd

Union Bank of India Ltd

Buy Union Bank of India Ltd CMP 144.96 Range 144-145 SL 141Target 152

* UNIONBANK exhibits robust bullish momentum following an upside breakout from a prolonged consolidation range, reinforcing the prevailing uptrend.

* The stock is trading well above key moving averages i.e. 20, 50 and 100 DEMA, indicating sustained buying interest.

* A consistent higher-top, higher-bottom pattern and a volume-backed rebound from the consolidation zone indicate strong accumulation.

* Traders may consider creating buying the stock within the mentioned price band for further potential upside continuation.

 

 

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