$UNIONBANK

$UNIONBANK of India’s daily chart shows strong price action with an ascending trendline providing support since early 2025, and the stock currently trading near ₹140. Price has consistently respected the 100- and 200-day EMA levels (₹135.47 and ₹132.45 respectively), indicating bullish momentum, while repeated higher lows reinforce the uptrend. Short-term resistance exists near ₹150, with a major resistance at ₹160.18, and as long as price stays above the ascending trendline and EMAs, the outlook remains positive for trend continuation.