🏦 STOCK TO WATCH 🏦
Union Bank of India Ltd.
₹186 → ₹388 → ₹511 → ₹618 👀
A leading PSU bank appearing on my Weekly R4 Breakout Scanner.
📌 Buy Zone: ₹186
📌 Breakout Zone: ₹186
🛑 Stop Loss: ₹148
🎯 Target 1: ₹388
🎯 Target 2: ₹511
🎯 Target 3: ₹618
Why Union Bank of India?
🏦 One of India's major public-sector banks with a large nationwide banking franchise.
📈 FY26 net profit stood at ₹18,697 crore, while gross advances grew 9.74% YoY.
💪 Asset quality improved, with Gross NPA falling to 2.82% and Net NPA to 0.48% as of March 2026.
🚀 RAM advances grew 12.56% YoY, including 16.75% retail and 18.75% MSME growth.
🔥 Q1 FY27 net profit was reported at approximately ₹5,332 crore, up nearly 30% YoY, with improving asset quality.
📊 Weekly Camarilla R4 Breakout Setup.
Why It Caught My Attention
✅ Strong PSU banking theme
✅ Improving asset quality
✅ Healthy credit growth
✅ Strong FY26 profitability
✅ Weekly R4 Momentum Breakout
⚠️ High Risk – High Reward Setup. Always follow strict stop-loss and disciplined position sizing.
📢 Disclaimer: This content is for educational purposes only and not investment advice. Please do your own due diligence before making any investment decisions.
Risk Defined. Reward Visible.
© 20K Microcap Investing | R4 Momentum Desk
#UnionBank #UnionBankOfIndia #PSUBanks #BankingStocks #FinancialServices #StockMarketIndia #IndianStocks #StocksToWatch #R4Breakout #MomentumInvesting #20KMicrocap
Union Bank of India Ltd.
₹186 → ₹388 → ₹511 → ₹618 👀
A leading PSU bank appearing on my Weekly R4 Breakout Scanner.
📌 Buy Zone: ₹186
📌 Breakout Zone: ₹186
🛑 Stop Loss: ₹148
🎯 Target 1: ₹388
🎯 Target 2: ₹511
🎯 Target 3: ₹618
Why Union Bank of India?
🏦 One of India's major public-sector banks with a large nationwide banking franchise.
📈 FY26 net profit stood at ₹18,697 crore, while gross advances grew 9.74% YoY.
💪 Asset quality improved, with Gross NPA falling to 2.82% and Net NPA to 0.48% as of March 2026.
🚀 RAM advances grew 12.56% YoY, including 16.75% retail and 18.75% MSME growth.
🔥 Q1 FY27 net profit was reported at approximately ₹5,332 crore, up nearly 30% YoY, with improving asset quality.
📊 Weekly Camarilla R4 Breakout Setup.
Why It Caught My Attention
✅ Strong PSU banking theme
✅ Improving asset quality
✅ Healthy credit growth
✅ Strong FY26 profitability
✅ Weekly R4 Momentum Breakout
⚠️ High Risk – High Reward Setup. Always follow strict stop-loss and disciplined position sizing.
📢 Disclaimer: This content is for educational purposes only and not investment advice. Please do your own due diligence before making any investment decisions.
Risk Defined. Reward Visible.
© 20K Microcap Investing | R4 Momentum Desk
#UnionBank #UnionBankOfIndia #PSUBanks #BankingStocks #FinancialServices #StockMarketIndia #IndianStocks #StocksToWatch #R4Breakout #MomentumInvesting #20KMicrocap
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.