Union Bank of india is looking good on chart and as well as Nifty PSU bank index also at breakout level if its hold 44 level then decent upside accepted.
Monthly Chart : Rounding Bottom Pattern formation,
CMP: 39.35
Bullish View,
Target : 78, 128, 190+
SL: 30 : 1 day close base.
Risk is yours and Reward is too yours totally
Time Frame: 1-3 Years approximately as per technical analysis principles.
This trade idea is like LAME HORSE, Kindly Think twice before entry ...
Hello this is hello this is a chart of Union Bank on a daily time frame Analysis Theory can see a good triangle break out if it crosses 38 then there will be a good momentum of 45 and intraday target is 39 to 40 rupees is enough to take part in your risk management and position size
Union Bank of India engages in the provision of commercial banking services. The firm operates through the following segments: Treasury Operations, Corporate and Wholesale Banking, Retail Banking Operations and Other Banking Operations. It engages in the provision of personal and corporate loans. The company was founded on November 11, 1919 and is headquartered in Mumbai, India.
NSE
