UNION BANK OF INDIA
- Stock is currently facing strong golden ratio resistance at current levels, technical chart indicates once Union bank closes and holds above 225 then further up trend expecting and stock will find next resistance around 244 its previous top.
- Intraday stock tips - close watch once Union bank starts trading above 225, if holds during market hours then intraday bulls action is expecting
- According to stock analaysis chart no2, Union Bank holding its 50 DMA, as long as holds above bulls will be favored , once stock closes below 50 DMA then will indicate first sign of weakness.
- Chart also indicates that stock is holding its long trend line support zone, from last 4 times stock bounced back, if closes above its resistance and stays above 225 then further strength is expecting. Close Watch.
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