Is UNION BANK OF INDIA in uptrend or downtrend?

In the short term price movements in UNIONBANK share indicates the market is Sideways. However, the bulls are trying to absorb supply to take control.

What is UNION BANK OF INDIA share price forecast for tomorrow?

In Union Bank of India stock current resistance level is at 192 and support level is at 176. Though market is closer to support level there are good chances till these ranges are broken, market would stay Sideways.

What are UNION BANK OF INDIA support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Union Bank of India in the short-term, the supply zone around 192 and 190. Hence, good chances of resistance around 190. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Union Bank of India share is around 176 and 180. Hence, good chances for support around 180.

Why is UNION BANK OF INDIA share price falling today?

Perhaps UNIONBANK stock is just having volatility. It can be viewed as an opportunity, unless overall long term trend and mid term trend is Bearish.

UNION BANK OF INDIA Share Price | Forecast Analysis

Analyzing Market Data