📊 Technical Analysis Report: 
UNIONBANK
📅 Date: September 11, 2023
🕣 Time: 08:28 AM
📌 Introduction
The following report provides a 📈 technical analysis for Union Bank of India as of September 11, 2023. The stock 🛑 closed at 88.10 on the last 🗓 trading day (Friday).
📊 Key Metrics:
🔒 Last Close Price: 88.10
50 -Day Moving Average: 📉 Under selling pressure
🔄 Asset Turnover Ratio: 📉 Low
📊 Return on Equity (ROE): 1️⃣3️⃣-1️⃣4️⃣%
💵 Price-Earnings (P/E) Ratio: 5️⃣-6️⃣
📈 Technical Indicators:
📊 MACD (12,26,9): 🕒 Yet to show crossover, expected in a day or two
📈 Stochastics RSI:
K: 3️⃣1️⃣.1️⃣2️⃣
D: 2️⃣9️⃣.4️⃣7️⃣
📉 Percent R: -6️⃣3️⃣.4️⃣8️⃣
📈 Fisher 9:
Trigger: 0️⃣.6️⃣6️⃣
Fisher: 0️⃣.2️⃣5️⃣
🎯 Entry, Target and Stop-Loss Levels
🔥 For Aggressive Traders
🎯 Entry Price: 9️⃣0️⃣.8️⃣5️⃣ (0.5 Fibonacci Levels)
🏁 Target Price 1: 9️⃣2️⃣.4️⃣0️⃣
🏁 Target Price 2: 9️⃣4️⃣.3️⃣0️⃣
🛑 Stop Loss: 8️⃣8️⃣.1️⃣0️⃣
🐢 For Conservative Traders
🎯 Entry Price: 9️⃣2️⃣.2️⃣5️⃣ (0.618 Fibonacci Levels)
📝 Conclusion:
While 📘 fundamental aspects like ROE and asset turnover are not too promising, the low P/E ratio indicates a potential 💰 cheap entry point.
🔥 Aggressive traders can consider an entry at 90.85 targeting 92.40 and 94.30, with a stop loss at 88.10. 🐢 Conservative traders can enter at 92.25.
⚠️ Disclaimer
📝 This report is for informational purposes only and should not be considered as 💰 financial advice. Investors are advised to perform their own due diligence 🕵️♀️ before making any investment decisions.
🏷️ Hashtags
#️⃣UnionBankofIndia #️⃣TechnicalAnalysis #️⃣StockMarket #️⃣Trading #️⃣Finance
UNIONBANK 📅 Date: September 11, 2023
🕣 Time: 08:28 AM
📌 Introduction
The following report provides a 📈 technical analysis for Union Bank of India as of September 11, 2023. The stock 🛑 closed at 88.10 on the last 🗓 trading day (Friday).
📊 Key Metrics:
🔒 Last Close Price: 88.10
50 -Day Moving Average: 📉 Under selling pressure
🔄 Asset Turnover Ratio: 📉 Low
📊 Return on Equity (ROE): 1️⃣3️⃣-1️⃣4️⃣%
💵 Price-Earnings (P/E) Ratio: 5️⃣-6️⃣
📈 Technical Indicators:
📊 MACD (12,26,9): 🕒 Yet to show crossover, expected in a day or two
📈 Stochastics RSI:
K: 3️⃣1️⃣.1️⃣2️⃣
D: 2️⃣9️⃣.4️⃣7️⃣
📉 Percent R: -6️⃣3️⃣.4️⃣8️⃣
📈 Fisher 9:
Trigger: 0️⃣.6️⃣6️⃣
Fisher: 0️⃣.2️⃣5️⃣
🎯 Entry, Target and Stop-Loss Levels
🔥 For Aggressive Traders
🎯 Entry Price: 9️⃣0️⃣.8️⃣5️⃣ (0.5 Fibonacci Levels)
🏁 Target Price 1: 9️⃣2️⃣.4️⃣0️⃣
🏁 Target Price 2: 9️⃣4️⃣.3️⃣0️⃣
🛑 Stop Loss: 8️⃣8️⃣.1️⃣0️⃣
🐢 For Conservative Traders
🎯 Entry Price: 9️⃣2️⃣.2️⃣5️⃣ (0.618 Fibonacci Levels)
📝 Conclusion:
While 📘 fundamental aspects like ROE and asset turnover are not too promising, the low P/E ratio indicates a potential 💰 cheap entry point.
🔥 Aggressive traders can consider an entry at 90.85 targeting 92.40 and 94.30, with a stop loss at 88.10. 🐢 Conservative traders can enter at 92.25.
⚠️ Disclaimer
📝 This report is for informational purposes only and should not be considered as 💰 financial advice. Investors are advised to perform their own due diligence 🕵️♀️ before making any investment decisions.
🏷️ Hashtags
#️⃣UnionBankofIndia #️⃣TechnicalAnalysis #️⃣StockMarket #️⃣Trading #️⃣Finance
Dagangan ditutup: sasaran tercapai
Target 1 and Target 2 reached with over 8.03% gain from the R+1 day ( Recommendation + 1 Day) basis.Nota
the stock has hit through the roof.. :)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.