UNION BANK OF INDIA

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