{"id":18087,"date":"2025-09-10T23:12:29","date_gmt":"2025-09-10T17:42:29","guid":{"rendered":"http:\/\/43.205.138.160\/?post_type=article&p=18087"},"modified":"2025-09-10T23:12:29","modified_gmt":"2025-09-10T17:42:29","slug":"daily-chart-analysis-on-unionbank","status":"publish","type":"article","link":"https:\/\/signalz.pro\/article\/daily-chart-analysis-on-unionbank\/","title":{"rendered":"Daily Chart Analysis on UNIONBANK"},"content":{"rendered":"

Union Bank of India \u2013 Analysis<\/u><\/strong><\/p>\n

Technical View (Daily Chart \u2013 Detailed)
\n<\/strong>Union Bank has shown a strong reversal signal<\/strong> in the latest session. The stock moved from a low of \u20b9127.90<\/strong> to close near \u20b9132.50<\/strong>, forming a bullish green candle.<\/p>\n

Price & Moving Averages:<\/strong>
\nThe stock has closed above the 100-DMA<\/strong>, which is a short-term positive signal.
\nHowever, it still trades below the 50-DMA and 200-DMA<\/strong>, indicating that medium-term trend confirmation will come only above \u20b9136\u2013140 levels.<\/p>\n

Parabolic SAR:<\/strong> Dots have shifted below the price \u2192 indicates a fresh bullish trend<\/strong>.
\nRSI (14):<\/strong> Currently at 51<\/strong>, which is neutral. This suggests there is room for further upside before becoming overbought. A move above 60 will strengthen bullish momentum.
\nMACD:<\/strong> Still in negative territory but showing convergence, signaling that bearish momentum is fading and a bullish crossover<\/strong> may occur soon.
\nChart Formation:<\/strong> The stock is making higher lows<\/strong>, indicating base building and the possibility of a sustainable uptrend.<\/p>\n

Key Levels:<\/strong>
\nSupport: \u20b9128\u2013130, below which \u20b9124 is strong support.
\nResistance: \u20b9136\u2013140 (crucial breakout zone). A breakout above this can open targets of \u20b9148\u2013150.<\/p>\n

Summary:<\/strong> Technically, Union Bank is in a short-term positive reversal phase<\/strong>. Sustaining above \u20b9128 keeps the trend positive, with potential upside towards \u20b9136\u2013140 and beyond.<\/p>\n

Fundamental View
\n<\/strong>Union Bank is one of the leading PSU banks with improving asset quality and steady loan growth.
\n<\/strong>Recent quarters have shown an improvement in NIMs, CASA deposits, and lower NPAs<\/strong>.
\n<\/strong>However, PSU banks remain sensitive to bond yields, government borrowing, and credit cost trends.<\/p>\n

Micro View (Stock-Specific)
\n<\/strong>Stock has underperformed in recent weeks but is now showing early signs of recovery.
\nValuation remains attractive compared to private banks, making it favorable for medium-term investors.
\nTechnical reversal supports near-term upside.<\/p>\n

Macro View (Sector & Economy)
\n<\/strong>Indian banking sector is supported by strong credit growth, stable inflation, and healthy demand across retail and corporate segments.
\n<\/strong>PSU bank performance is closely linked to economic growth, government policies, and RBI stance.
\n<\/strong>Global macro factors like US Fed rate cuts and bond yields will also impact PSU banks.<\/p>\n

Upcoming Events & Impact<\/strong><\/p>\n

Q2 FY26 Earnings (Oct 2025):<\/strong> Likely to show credit growth but margins may remain under pressure due to higher cost of funds. Positive earnings surprise can support stock rally.
\nRBI Policy (Oct 2025):<\/strong> Any dovish stance or rate cut can be highly positive for banks.
\nGovernment Capital Infusion (if any):<\/strong> Can boost PSU banks\u2019 balance sheets.<\/p>\n

Disclaimer
\n<\/strong>This analysis is for educational purposes only<\/strong> and should not be considered as investment advice or a trading recommendation.<\/p>\n

Disclosure
\n<\/strong>We do not hold any personal or family position in Union Bank of India. Please consult a SEBI-registered financial advisor before making investment decisions.<\/p>\n

For More Info:
\nVisit Us- www.investogainerresearch.com<\/a>
\nCalls Us- 9009099805, 9098804206
\nEmail- info@investogainerresearch.com<\/a>
\nTelegram- https:\/\/t.me\/investwithdeepakpal<\/a>
\nYou Tube- https:\/\/www.youtube.com\/@InvestogainerResearch<\/a>
\nLinkedIn- https:\/\/www.linkedin.com\/in\/investogainer-research-6594aa295<\/a>
\nInstagram- https:\/\/www.instagram.com\/investo.gainer\/?hl=en<\/a>
\nTwitter (X)- https:\/\/x.com\/investogainer<\/a>
\nFacebook- https:\/\/www.facebook.com\/profile.php?id=61553242832494<\/a> <\/strong><\/p>\n

Daily Chart Analysis on UNIONBANK on 10092025<\/a><\/p>\n","protected":false},"template":"","article-category":[35],"article-tags":[400,130,163,183,116,162,168,127],"class_list":["post-18087","article","type-article","status-publish","hentry","article-category-learn","article-tags-technicalanalysis","article-tags-expert-analysis","article-tags-financialeducation","article-tags-investingtips","article-tags-signalzinvestmenttips","article-tags-stockmarket","article-tags-stockmarkettips","article-tags-successful-investing"],"acf":[],"_links":{"self":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article\/18087","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article"}],"about":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/types\/article"}],"wp:attachment":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/media?parent=18087"}],"wp:term":[{"taxonomy":"article-category","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-category?post=18087"},{"taxonomy":"article-tags","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-tags?post=18087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}