2026-02-16 11:01:04 am | Source: Religare Broking Ltd
Stock of the day : Union Bank Of India Ltd by Target Rs. 188 - Religare Broking Ltd
Union Bank Of India
* Union Bank’s technical structure remains bullish, with prices holding above key moving averages, confirming a well-defined primary uptrend.
* Consolidation near recent highs, accompanied by healthy volumes, indicates supply absorption rather than distribution.
* Overall price action suggests trend stability, with higher highs and higher lows intact, favoring continued upside potential in the near term.
* Selective long positions may be considered in the near term.
Buy Union Bank Of India Ltd CMP Range178-179 SL174 Target 188
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