UNION BANK OF INDIA

434
Hello & welcome to this analysis

Bank stock currently consolidating near a support in short term appears wobbly.

Below 125 it could slip down to 110-90 where it could once again see smart money buying it.

Resistance for now between 145-155, only above that in my opinion it would see any upside momentum

Overall medium to long term outlook appears very bullish, dips would be an opportunity to add.

Happy Investing

Penafian

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